Learn the typical debt-to-equity (D/E) ratios for companies in the real estate sector and discover how this measure of financial health determines leverage.
( 22
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The low capital outlay necessary, risk management tools available, and tax benefits make spread betting a compelling opportunity for speculators.
( 23
min )
From the Japanese bubble to overseas manufacturing, violent swings in exchange rates and the value of the yen have affected the Japanese economy.
( 24
min )
A prediction market is a type of market where contracts that are contingent on the occurrence of events in the future can be traded.
( 23
min )
Find out why bank stocks usually trade below book value and learn how trading activities increase a bank's risk exposure and affect its valuation.
( 22
min )
Robert J. Aumann is a mathematician and economist famous for his work on game theory, who won the 2005 Nobel Prize in Economics.
( 23
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Explore whether the substitution effect is positive or negative for consumers as well as for retailers, manufacturers and other companies that sell products.
( 19
min )
Thanks to a loophole known as a backdoor Roth IRA, high-income earners can make indirect contributions to Roth IRAs.
( 26
min )
Netflix shares fell more than 10% this week, but seemed to have little effect on popular ETFs with exposure to the company.
( 17
min )
Specialty coffee roaster Farmer Brothers missed profit expectations for the quarter ended June 30, as slowing sales growth and persistently high coffee prices weighed on profitability.
( 18
min )
Lionel Messi is gold for the U.S. economy, as his move to Major League Soccer could generate $256 million in league revenue, drive hundreds of thousands of subscriptions to Apple, and even press South Florida real estate values higher.
( 19
min )
Read about the concept of utility in microeconomics, and learn why economists disagree about its usefulness in the analysis of actions.
( 27
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Here is how much each U.S. president contributed to the U.S. national debt, both by percentage and in dollar amounts.
( 28
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Clients love planners who sell securities, but a securities license takes a lot of work. Learn if the stress and study are worth it.
( 23
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(Bloomberg) -- Amid signs the bond market has bought into the Federal Reserve keeping interest rates higher for longer, a cohort of investors is placing bets on the economy hitting a wall — and a sharp policy reversal in short order.Most Read from BloombergUltra-Rich Buy Ultra-Luxury Counseling to Get Kids Into HarvardMGM Resorts Hackers Broke In After Tricking IT Service DeskDisney Talks on ABC Sale Heat Up as Byron Allen Makes OfferCanada Postpones Trade Mission to India With Tensions On RiseA
( 33
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Talks between the United Auto Workers and the Detroit Three automakers resumed on Saturday, a day after the union began its first simultaneous strikes at three U.S. auto plants. The four-year labor deal between the union and General Motors, Ford Motor and Chrysler-parent Stellantis expired at 11:59 p.m. EDT on Thursday. Stellantis said on Saturday it has hiked its offer, proposing cumulative raises of nearly 21% over a four-and-a-half-year contract term, including an immediate 10% hike.
( 32
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When you first go on Medicare, insurance companies must sell you supplemental coverage no matter how poor your health. The window closes.
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min )
The lawsuit, which also targets BP and ConocoPhillips, alleges the energy giants' actions have caused tens of billions of dollars in damage and accuses them of deceiving the public, the report said, citing a filing in a superior court in San Francisco. The American Petroleum Institute, an industry trade group, has also been listed as a defendant in the case, the report said, adding that California has sought the creation of an abatement fund to pay for future damages caused by climate related disasters in the state.
( 32
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Where you keep your money matters. When it comes to retirement taxes, there are two main issues to consider: account type and asset class. Account type is where you keep your investments, such as an IRA, a 401(k) or a taxable account. Asset class refers to the type of investments you own, like stocks and […] The post Where You Keep Your Investments Can Help You Save Big on Taxes in Retirement appeared first on SmartReads by SmartAsset.
( 33
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Software engineer Jacky Jia has been paying more attention than usual to his stocks portfolio since China launched a torrent of measures aimed at boosting the beleaguered market in recent weeks. Regulators have slashed the stamp duty on transactions, restricted divestments by major shareholders and taken tighter control of approving new share offerings in a string of actions that have taken the immediate sting out of the sell-offs that have roiled the onshore market. Having banked a reasonable r
( 37
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The defense contractor spent heavily on acquisitions, then struggled during the pandemic. Now with new senior leadership working to fix its operational problems, its shares could fly.
( 21
min )
(Bloomberg) -- A massive retreat of funds from Chinese stocks and bonds is diminishing the market’s clout in global portfolios and accelerating its decoupling from the rest of the world.Most Read from BloombergDisney Talks on ABC Sale Heat Up as Byron Allen Makes OfferUnited Auto Workers Call Unprecedented Strike at All Three Detroit AutomakersApple iPhone 15 Pro Max Deliveries Slip to November in Sign of DemandCaesars Entertainment Paid Millions to Hackers in AttackVideo-Game Company Unity Clos
( 34
min )
Duitse rechtbanken en openbare aanklagers krijgen de komende tien jaar te maken met grote personeelstekorten. Dat is het gevolg van een golf van pensioneringen van juridische medewerkers, rechters en advocaten, zegt Sven Rebehn, hoofd van de Duitse vereniging van rechters.
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min )
De wereld staat niet stil in de klimaatstrijd, maar om het Parijsakkoord te laten slagen is een grote krachtsinspanning nodig. Fossiele investeringen vormen een hobbel, en ook aanpassingen aan de gevolgen van klimaatverandering blijven achter.
( 8
min )
Extreme weersomstandigheden zorgen steeds vaker voor vervelende situaties en schade. Niet alleen thuis, maar ook op vakantie. Wie betaalt die schade? En kan je je tegen alle soorten weersomstandigheden verzekeren?
( 3
min )
Extreme weersomstandigheden zorgen steeds vaker voor vervelende situaties en schade. Niet alleen thuis, maar ook op vakantie. Wie betaalt die schade? En kan je je tegen alle soorten weersomstandigheden verzekeren?
( 3
min )
Wall Street legend Warren Buffett has always been a proponent of value investing. The Oracle of Omaha’s decades of almost unparalleled success have been built on recognizing when a stock is priced significantly below its inherent worth and then betting big on it. Touting the merits of patience and the long-term effect of compounding returns, Buffett is a master of his profession. However, even the most successful investors’ portfolios include stocks that go through down periods. It’s probably sa
( 35
min )
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Today's best CD rate is 5.75%, with six options available on terms of 6 to 15 months. If you have a jumbo CD deposit, you can do even better, earning up to 5.85%.
( 20
min )
The UAW took aim at Ford’s Jim Farley for making $21 million last year, but the CEOs of GM and Stellantis actually make even more.
( 34
min )
(Bloomberg) -- Planet Fitness Inc. sank after the company announced the immediate departure of its Chief Executive Officer Chris Rondeau, who’s held the position for more than a decade. Most Read from BloombergDisney Talks on ABC Sale Heat Up as Byron Allen Makes OfferUltra-Rich Buy Ultra-Luxury Counseling to Get Kids Into HarvardCanada Postpones Trade Mission to India With Tensions On RiseApple iPhone 15 Pro Max Deliveries Slip to November in Sign of DemandUnited Auto Workers Call Unprecedented
( 33
min )
Consumers took two hits in the pocketbook this past week. First came the August inflation numbers, with the headline annualized rate rising rom 3.2% to 3.7%. And on the heels of that came news that US crude oil, the WTI benchmark price, jumped above $90 per barrel for the first time since last November. That increase marks the latest in a series of oil price increases this year. WTI is up 40% from the low point it hit in March of this year, and shows a total year-to-date gain of 13.5%. The risin
( 35
min )
(Bloomberg) -- The euro was headed for the longest streak of losses since its inception on bets the European Central Bank is done raising interest rates. Most Read from BloombergDisney Talks on ABC Sale Heat Up as Byron Allen Makes OfferUnited Auto Workers Call Unprecedented Strike at All Three Detroit AutomakersApple iPhone 15 Pro Max Deliveries Slip to November in Sign of DemandUltra-Rich Buy Ultra-Luxury Counseling to Get Kids Into HarvardCanada Postpones Trade Mission to India With Tensions
( 32
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Oil-and-gas companies have been laying down drilling rigs for much of 2023 as prices tumbled. Not anymore.
Producers this week ramped up drilling at the fastest pace since November, according to Baker Hughes, a sign that the sector is optimistic that fuel prices could rise in the months ahead.
Per
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Detroit’s striking auto workers would need a 30% pay hike just to cover inflation, making their demand for a 36% raise seem "fair," one analyst said.
( 33
min )
UBS argues that with various economic forces in balance, investors now have an opportunity to reap rewards across asset classes.
( 21
min )
(Bloomberg) -- Mohamed El-Erian is warning that a swath of corporations will be hurt by higher interest rates when they have to refinance next year.Most Read from BloombergDisney Talks on ABC Sale Heat Up as Byron Allen Makes OfferUnited Auto Workers Call Unprecedented Strike at All Three Detroit AutomakersCaesars Entertainment Paid Millions to Hackers in AttackVideo-Game Company Unity Closes Offices Following Death ThreatApple iPhone 15 Pro Max Deliveries Slip to November in Sign of Demand“If y
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min )
The strategy of striking against all three automakers but at select plants — with the possibility of expanding the strike if necessary — is new for the union.
( 32
min )
My wife and I are 70 years old. We've paid off everything, including the house. Between my pension of $29,000 and Social Security, we're getting a gross of $99,000 a year in income, which is more than enough. Our current … Continue reading → The post Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth? appeared first on SmartAsset Blog.
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It doesn’t take much for sentiment to shift abruptly on Wall Street. Markets could be up one moment, then all of a sudden crash on account of a negative development. And looking at its current state, it won’t take much for it to come tumbling down, says Morgan Stanley’s chief investment officer and chief US equity strategist, Mike Wilson. “The S&P 500 risk/reward today is one of the worst I’ve ever seen, given the earnings setup that we see in front of us combined with the valuation that we have
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Retirement can seem like a faraway goal until all of a sudden, it's not. When you only have a few years left until you retire, the financial decisions you make take on a new importance. Once you're inside the five-year window, that's a good time to review your plan to make sure you're on track. […] The post How to Master the Last 5 Years Before Retirement appeared first on SmartReads CMS - SmartAsset.
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General Motors and two other automakers failed to reach a new labor agreement before their contract with employees represented by the United Auto Workers expired at midnight.
( 33
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The fitness chain says it has appointed Craig Benson as interim chief executive officer, effective immediately.
( 22
min )
The company reveals deliveries of its hydrogen-fuel-cell electric truck should begin in late September and early October.
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min )
A logistics and supply chain deal is set to send ripples across the space as J.B. Transport Inc. revealed Thursday plans to acquire the brokerage operations of BNSF Logistics. Here are more details on the deal.
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min )
(Bloomberg) -- Charles Schwab Corp. said it has been temporarily affected by attrition from clients as it integrates TD Ameritrade, leading to a decline in net new money for the firm last month.Most Read from BloombergByron Allen Makes $10 Billion Bid for ABC, Other Disney NetworksCaesars Entertainment Paid Millions to Hackers in AttackVideo-Game Company Unity Closes Offices Following Death ThreatUnited Auto Workers Call Unprecedented Strike at All Three Detroit AutomakersDisney Holds Initial Ta
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min )
Chinese automakers like BYD have notched impressive growth in Europe as consumers flock to their affordable electric-vehicles.
( 22
min )
Elon Musk biographer Walter Isaacson's new book about the billionaire details his ouster as PayPal CEO by a group known as the "PayPal Mafia" who replaced him with Peter Thiel.
( 34
min )
The steel manufacturer says it expects third-quarter earnings between $4.10 and $4.20 a share, lower than the $4.61 analysts had forecast.
( 22
min )
Lisa Celli was excited to start her first day on Jan. 5 as a contractor delivering mail for the U.S. Postal Service in the small unincorporated town in California where she and her husband live. However, less than 24 hours after finishing her first route for Ameritrans Express, she received an alarming email stating the contract delivery company was taking “drastic action.” The post Former drivers for Ameritrans Express owed millions of dollars in unpaid wages appeared first on FreightWaves.
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Shares of Ford and General Motors fall after the United Auto Workers strikes against the Big Three auto makers, Arm stock surges after climbing in its trading debut, and Adobe beats earnings estimates.
( 22
min )
Kiwi Camara's salary, at $110 million, made him one of just nine CEOs to be paid more than Apple's Tim Cook, who was paid just $99 million.
( 32
min )
Shares in the chip designer jumped after it went public this week, with premarket trading volumes abnormally high as investors flocked to Arm stock.
( 22
min )
(Bloomberg) -- A resilient US economy will prompt the Federal Reserve to pencil in one more interest-rate hike this year and stay at the peak level next year for longer than previously expected, according to economists surveyed by Bloomberg News.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackVideo-Game Company Unity Closes Offices Following Death ThreatByron Allen Makes $10 Billion Bid for ABC, Other Disney NetworksWhen the Homeowners Association Comes for Your H
( 33
min )
The technology company beat Wall Street expectations for both earnings and guidance.
( 22
min )
The big theme driving markets in 2023 has been the boom in enthusiasm for artificial-intelligence-exposed industries and firms. Is it played out?
( 22
min )
Hundreds of people, including auto workers on the night shift and their supporters, gathered at a Ford assembly plant in Wayne, Michigan as members of the United Auto Workers (UAW) union walked off the job to begin a historic strike. The first-ever simultaneous strikes against the "Detroit Three" automakers, including General Motors and Chrysler parent Stellantis, kicked off early on Friday after the union and companies failed to agree on new contracts. "This is what union looks like," said Mike Lester, a supporter who works at a supplier to the major automakers.
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Taiwan's TSMC has told its major suppliers to delay the delivery of high-end chipmaking equipment, as the world's top contract chipmaker grows increasingly nervous about customer demand, two sources familiar with the matter said. The instruction by TSMC, which is grappling with delays at its $40 billion chip factory in Arizona, is aimed at controlling costs and reflects the company's growing caution about the outlook for demand, the sources said. TSMC said it does not comment on "market rumour".
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(Bloomberg) -- SoftBank Group Corp.’s Masayoshi Son, whose record on tech investing took a drubbing after flameouts like WeWork and DoorDash Inc. fueled a record $32 billion loss at its Vision Fund arm in the last fiscal year, was determined to turn the tide.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackVideo-Game Company Unity Closes Offices Following Death ThreatWhen the Homeowners Association Comes for Your HomeDisney Holds Initial Talks on Sale of ABC to Loc
( 35
min )
A proposal to revamp Visa’s complicated share structure has triggered a drop in its stock. It should be only temporary.
( 22
min )
The auto workers strike highlights Ford and GM's biggest issue: Can they afford to spend what it takes to thrive in the new world of electric vehicles?
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The labor contract between the United Auto Workers and the Detroit-Three automakers expired Thursday. A deal isn't done and the UAW declared a strike against the Detroit-Three automakers.
( 22
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A smart investor is a patient investor, in the game for the long haul. Warren Buffett, a legend in the markets, has long been known for advocating long-term holdings – and so does the investment firm Morgan Stanley. The bank’s annual ‘Vintage Values’ report points out the firm’s top stocks for a ‘buy-and-hold’ strategy on the one-year horizon. The current Vintage Values list has a lot to say on the subject, but a few features of their picks stand out. First, all of their picks are mid- or large-
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The United Nations Commission on International Trade Law is the core legal body of the United Nations' system in the field of international trade law.
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min )
To reduce the risk if you need to cash out of a CD early, choose one of these options that pays a nationally ranked APY but with a mild early withdrawal penalty.
( 17
min )
Classical growth theory is an older theory that describes economic growth as a result of the division of labor and the gains from trade.
( 19
min )
Charles Schwab shares declined after reporting its core net new assets dropped last month, in part due to attrition from clients who were originally at TD Ameritrade.
( 16
min )
Today's best CD rate is 5.75%, with six options available on terms of 6 to 15 months. If you have a jumbo CD deposit, you can do even better, earning up to 5.85%.
( 20
min )
U.S. equities sank on Sept. 15, 2023, with the S&P 500 Index dropping 1.2%, after a measure of consumer sentiment fell and tech stocks tumbled.
( 16
min )
There are at least four factors that affect change in futures prices, including risk free-interest rates, particularly in a no-arbitrage environment.
( 21
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Planet Fitness noted it has brought in an executive search firm to find a permanent replacement, and both internal and external candidates will be considered.
( 17
min )
Though markets may change, the best stock market quotes are timeless.
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While it has an abundance of resources, including people, Brazil needs to begin to refocus its management and development strategies.
( 22
min )
Defined-benefit plans are funded by employers, while employees make contributions to defined-contribution plans to save for retirement.
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Interbank Network for Electronic Transfer (INET) processed credit and debit card transactions between financial institutions (FIs).
( 19
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Officials at the Federal Reserve probably won’t raise the benchmark Fed Funds rate when they meet next week, but they will shed some light on how long today’s high interest rates will stay with us.
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Downturns in the business cycle cause cyclical unemployment, so policymakers should focus on expanding output, which can be achieved by stimulating demand.
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Stubborn inflation is making people feel pretty lousy about their own finances and the economy.
( 17
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The Current Population Survey is a statistical survey of households that is performed by the U.S. Census Bureau of Labor Statistics on a monthly basis.
( 21
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These companies had the most complaints about student loans reported to the Consumer Finance Protection Bureau. See which lender had the worst record.
( 26
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Instacart increased its valuation to $10 billion after Arm Holdings' smooth listing amid active investor interest on Thursday.
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U.S. equities dropped at midday on Friday, Sept. 15, 2023, after a report that consumer sentiment fell in September, and ahead of next week's Fed meeting.
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Thomas C. Schelling was an American economist who received the 2005 Nobel Prize in economics for his application of game theory to social, political and economic problems.
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min )
Adobe posted better-than-expected results and profit guidance as the company joined the growing list of tech firms that are benefiting from soaring demand for artificial intelligence products.
( 17
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Duopsony, the opposite of duopoly, is an economic condition in which there are only two large buyers for a specific product or service.
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Media entrepreneur Byron Allen reportedly has offered to purchase the Walt Disney Co.’s ABC network, local stations, and cable channels FX and National Geographic.
( 17
min )
Apple will roll out a software update for iPhone 12 users in France after the country banned sales of iPhone 12 over radiation concerns, while other European countries mull similar measures.
( 18
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Women's small business grants are offered by many institutions, private and public alike, for the purposes of funding women-owned businesses. Here's how to find and apply for these opportunities and understand the eligibility and documentation requirements.
( 25
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The debt avalanche method pays off the high-interest debt first, and the debt snowball method focuses on paying off the smallest debt first. Learn how they work.
( 23
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The United Auto Workers union launched a simultaneous strike against the Big Three Detroit car companies for the first time after failing to reach an agreement by Thursday's deadline.
( 18
min )
Price rate of change (ROC) is a technical indicator that measures the percent change between the most recent price and a price in the past used to identify price trends.
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min )
Wijnboeren in Italië maken zich op voor een slecht oogstseizoen. Schimmels die de wijnranken aantasten kregen vrij spel dankzij opeenvolgende periodes van hevige regen en droogte. Vooral in Zuid-Italië zorgt dat voor problemen met de oogst.
( 4
min )
De fossiele sector krijgt nog meer subsidie dan gedacht. Volgens een berekening van het ministerie van Economische Zaken en Klimaat gaat het om 39,7 miljard tot 46,4 miljard euro per jaar.
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min )
Vakbonden FNV en CNV zijn samen met KLM tot een cao-akkoord gekomen voor het grondpersoneel van de luchtvaartmaatschappij. Het is nu aan de leden van de bond om daarmee in te stemmen. Doen zij dat, dan zijn de eerder dreigende stakingen definitief van de baan, aldus CNV-onderhandelaar Souleiman Amallah.
( 4
min )
Oekraïne mag weer graan exporteren naar Oost-Europese landen. Dat zijn Brussel en Kyiv overeengekomen. Wel moet Oekraïne zelf maatregelen nemen zodat hun goedkope landbouwproducten niet te veel concurreren met die van Hongaarse en Slowaakse boeren.
( 3
min )
De staalfabriek van Tata Steel in Wales krijgt 580 miljoen euro (500 miljoen pond) steun van de Britse overheid. Het bedrijf legt zelf nog 700 miljoen bij. Het geld is nodig om de staalproductie te vergroenen.
( 3
min )
De Ierse privacytoezichthouder DPC heeft een boete van 345 miljoen euro opgelegd aan TikTok. Het videoplatform heeft volgens de waakhond de privacy van kinderen in Europa onvoldoende beschermd.
( 4
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Nu de festivalzomer ten einde loopt, maken eigenaren van foodtrucks de balans op. Hoe hebben zij zich deze zomer staande gehouden met de stijgende inkoopprijzen en personeelskosten?
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Slechts een minderheid van de 75.000 gedupeerde passagiers van Holland Norway Lines kan de kosten voor hun geboekte reis vergoed krijgen vanuit het garantiefonds SGR. Dat verwacht de curator van de failliete veerdienst, Hans Silvius.
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Nu de festivalzomer ten einde loopt, maken eigenaren van foodtrucks de balans op. Hoe hebben zij zich deze zomer staande gehouden met de stijgende inkoopprijzen en personeelskosten?
( 6
min )
Automobilisten moeten steeds meer betalen aan de pomp. Vooral de dieselrijder was afgelopen week de pineut: de brandstof werd in een week tijd 8 cent per liter duurder. Bij benzine kwam er 3,5 cent bij.
( 4
min )
Er zijn nog steeds bedrijven die mensen zomaar bellen om producten of contracten te verkopen. "Als je ongevraagd wordt gebeld met een aanbieding, is dat eigenlijk nooit het beste aanbod", zegt de Autoriteit Consument & Markt. Laat staan dat verkopers je überhaupt mogen bellen.
( 4
min )
Er komt een software-update die de stralingsproblemen van de iPhone 12 moet oplossen. Omdat de iPhone 12 te veel straling uitzendt, mag het toestel in Frankrijk niet meer worden verkocht. Ook in Nederland wordt het stralingsniveau van de telefoon onderzocht.
( 4
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Er zijn nog steeds bedrijven die mensen zomaar bellen om producten of contracten te verkopen. "Als je ongevraagd wordt gebeld met een aanbieding, is dat eigenlijk nooit het beste aanbod", zegt de Autoriteit Consument & Markt. Laat staan dat verkopers je überhaupt mogen bellen.
( 3
min )
Er komt een software-update die de stralingsproblemen van de iPhone 12 moet oplossen. Omdat de iPhone 12 te veel straling uitzendt, mag het toestel in Frankrijk niet meer worden verkocht. Ook in Nederland wordt het stralingsniveau van de telefoon onderzocht.
( 4
min )
Wie geen afscheid kan nemen van een oud paar Dr. Martens kan binnenkort in de Engelse plaats Leeds terecht voor reparatie. Daar opent het schoenenbedrijf een speciale werkplaats, ook al gaat dat mogelijk ten koste van de verkoop.
( 3
min )
In drie Amerikaanse autofabrieken zijn stakingen begonnen nadat de grootste Amerikaanse vakbond van de autosector geen akkoord heeft bereikt met de grote autofabrikanten. 12.700 werknemers leggen het werk neer. Ze eisen een hoger salaris en betere arbeidsvoorwaarden.
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Vakbond CNV heeft nieuwe onderhandelingseisen bekendgemaakt. Volgend jaar zal de vakbond loonsverhogingen najagen van 4 tot 10 procent. Ook zet CNV in op een kortere werkweek en aandelen voor werknemers.
( 3
min )
In drie Amerikaanse autofabrieken zijn stakingen begonnen nadat de grootste Amerikaanse vakbond van de autosector geen akkoord heeft bereikt met de grote autofabrikanten. 12.700 werknemers leggen het werk neer. Ze eisen een hoger salaris en betere arbeidsvoorwaarden.
( 3
min )
In drie Amerikaanse autofabrieken zijn stakingen begonnen nadat de grootste Amerikaanse vakbond van de autosector geen akkoord heeft bereikt met de grote autofabrikanten. 12.700 werknemers leggen het werk neer. Ze eisen een hoger salaris en betere arbeidsvoorwaarden.
( 3
min )
Het nieuwe kabinet staat straks voor een grote uitdaging: een oplossing vinden voor de krapte op de arbeidsmarkt. De personeelstekorten in sectoren als de zorg, het onderwijs en de techniek zijn enorm en dat blijft voorlopig zo.
( 5
min )
General Motors said Thursday it boosted its contract offer to a 20% wage hike for U.S. autoworkers, including 10% in the first year, in a move to avoid a strike that is scheduled to begin at 11:59 p.m. if no deal is agreed on. The strike by the United Auto Workers union, which represents about 150,000 workers at Ford, General Motors and Stellantis, would target specific automotive plants across the country. According to Anderson Economic Group, a work stoppage of 10 days could result in an economic loss of more than $5 billion.
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As Citigroup embarks on a sweeping reorganization, support staff in compliance and risk management are among the most likely to lose their jobs, according to sources familiar with the situation. Citi managers are already convening discussions with employees about potential layoffs, according to the sources, who declined to be identified discussing personnel matters. One-on-one meetings about departures were also starting, one of the sources said.
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GE management said Thursday third-quarter earnings per share and free cash flow are coming in at the upper end of the expected range.
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About 13,000 auto workers have walked off the job at three targeted factories after their union leaders couldn't reach a deal with Detroit's automakers. The United Auto Workers union is seeking big raises and better benefits from General Motors, Ford and Stellantis.
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Today's best CD rates are 5.85% and 5.80% if you have a jumbo deposit, or 5.75% with one of six non-jumbo options. Terms on the top rates range from six to 15 months.
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Nearly half of Americans say it would "take a miracle" for them to achieve retirement security, according to a new study.
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United Auto Workers say their pay should be increased in new four-year contract with Ford, GM and Stellantis.
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Shares of AT&T advanced on Thursday after the telecom giant’s CFO told an investor conference he was confident of the company’s outlook.
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Investors looking to bet against the soaring shares of newly-listed Arm Holdings may have to wait at least a day before the stock becomes available for shorting, analysts said. Shares in SoftBank's Arm Holdings opened 18% above their offer price in their Nasdaq debut on Thursday, valuing the British chip designer at nearly $60 billion in its return to the public markets after seven years. Investors can begin selling the shares short as soon as their broker has reasonable grounds to believe that the security can be borrowed - in market parlance, be able to "locate" the shares, said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners.
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(Bloomberg) -- Cocaine is set to become Colombia’s main export, overtaking oil, as production of the narcotic continues to expand as the government take a more lenient policy regarding drugs, according to estimates by Bloomberg Economics.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackRay Dalio Says He Doesn’t Want to Hold Bonds, Cash ‘Is Good’Russian Elite Bring Back $50 Billion of Assets as Havens DwindleStocks Climb on Bets Fed Can Achieve Soft Landing: Markets
( 32
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The company is in the midst of moving thousands of advisors to its platform from TD Ameritrade, which it acquired three years ago.
( 22
min )
Card firm Visa is in discussions with stockholders to possibly allow big banks to exchange up to half their class B shares, which don't trade publicly, into NYSE-listed shares.
( 22
min )
The deals are more accessible to everyday investors than traditional initial public offerings.
( 27
min )
GE, soon to become GE Aerospace, is bolstering its strong balance sheet ahead of the company's spinoff of GE Vernova and relocation to Cincinnati. "Things could not be set up better for both businesses."
( 21
min )
(Bloomberg) -- Just weeks before closing its doors and dismissing thousands of employees, Yellow Corp. doled out millions of dollars in bonuses to executives so they wouldn’t leave the trucking firm during its chaotic unraveling, court papers show.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackRay Dalio Says He Doesn’t Want to Hold Bonds, Cash ‘Is Good’Russian Elite Bring Back $50 Billion of Assets as Havens DwindleCiti Plans Job Cuts as It Revamps Top Management
( 34
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The tech company could talk prominently about its future AI chips at its developer conference next week.
( 22
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It might be time to abandon the idea of a balanced portfolio. Traditional wisdom holds that investors should diversify their assets. While working and saving, you should invest in a mix of assets weighted toward stocks and growth. In your retired life, you should invest in a mix of assets weighted toward security and income. […] The post A Black and White Approach To Retirement: Advisors Weigh In on BlackRock’s Unconventional Recommendation appeared first on SmartReads by SmartAsset.
( 35
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The European Central Bank (ECB) has increased interest rates to a record high as the continent battles to bring down persistent inflation.
( 45
min )
The company led by Joaquin Duato launches a rebranding as it focuses on higher-risk prescription drugs and medical devices after shedding its consumer business.
( 26
min )
Let’s take a moment to talk about opportunity, share price, and risk/reward considerations. These are some of the factors investors must consider when moving into penny stocks – and we haven’t even touched on the fundamental soundness of the company or its business model. Penny stocks – as their name suggests, they once traded for just a pennies per share, but these days are considered those equities trading at less than $5 – are a challenging market niche. The penny stock critics make valid poi
( 35
min )
Etsy upgraded, RTX downgraded to Sell: Wall Street's top analyst calls
( 34
min )
Millions of Americans had student debt canceled despite the Supreme Court's decision. Some will owe state taxes on it. Find out if you're one of them.
( 33
min )
Chief Financial Officer Pascal Desroches at a conference on Thursday said AT&T expects to deliver $4.5 billion to $5 billion in free cash for the third quarter.
( 22
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NEW YORK (Reuters) -A slew of U.S. economic data on Thursday showed stronger-than-expected numbers that stoked worries about sticky inflation and reinforced the view that the Federal Reserve is likely to keep interest rates higher for longer. U.S. producer prices rose 0.7% in August, compared with expectations of a 0.4% increase. U.S. retail sales also climbed 0.6% last month, against estimates of a 0.2% rise, while initial jobless claims for the latest week fell to 220.000.
( 33
min )
Bitcoin prices flash a technical warning sign for the first time since January 2022, the early days of last year's brutal bear market.
( 22
min )
Redburn Atlantic analyst Alex Brignall upgrades shares of Carnival and Norwegian Cruise Line Holdings to Buy from Neutral.
( 23
min )
Frustrated that Citi is 'seriously underestimated', Fraser bills her plan as the most consequential change in the way the bank runs in nearly 20 years.
( 33
min )
America’s youngest working generation has a different approach to career growth.
( 32
min )
It isn’t just Tesla founder Elon Musk that thinks workers (or more specifically, remote workers) are “lazy”, Frontier Airlines chief executive, Barry Biffle, recently weighed in on the debate.
( 34
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The company would be worth roughly $54.5 billion. Several prominent tech firms have sought to buy into the offering.
( 23
min )
The Berkshire open-market sale is the first of HP since Warren Buffett's conglomerate accumulated a 12% stake in the PC maker in early 2022
( 23
min )
Saving for a down payment can be a significant obstacle for first-time homebuyers. If a child or grandchild is struggling to become a homeowner, you may want to help them out with the assets you’ve managed to accrue. A recent report from J.P. Morgan outlined several techniques that can help parents and grandparents lend a […] The post Here's How to Help Your Child (or Grandchild) Buy a Home appeared first on SmartReads by SmartAsset.
( 33
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(Bloomberg) -- The US bond market hasn’t flashed recession warnings so consistently for so long in at least six decades. Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticFrom $1 Billion to Almost Worthless: FaZe Clan Runs Out of HypeOn Wall Street and in Washington, optimism may be buil
( 33
min )
Both the Nasdaq and the S&P 500 gained on Wednesday following data that showed the annual rise in core consumer prices, excluding volatile items like food and energy prices, was the smallest in nearly two years. Rising oil prices, however, could keep inflation at elevated levels, analysts said. Higher gasoline prices pushed the headline inflation figure to a 14-month high, while stickiness in services inflation kept alive the prospects of a November hike.
( 32
min )
The head of the United Auto Workers says the union and the Big Three auto makers are still 'very far apart' on the union’s key priorities for wage increases as a strike deadline looms, chip makers Nvidia and Taiwan Semiconductor rise as Arm's IPO is priced at the high end of the expected range, and Berkshire Hathaway sells 5.5 million shares of HP Inc.
( 23
min )
The deals are more accessible to everyday investors than traditional initial public offerings.
( 27
min )
The semiconductor designer priced its U.S. initial public offering at $51 a share, the top of the expected range, which gives the company a market value of almost $55 billion.
( 23
min )
(Bloomberg) -- Bridgewater Associates LP founder Ray Dalio said he doesn’t want to own bonds and prefers cash, highlighting difficulties investors face as global central banks try to manage inflation.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticFed on Alert for One More Hike After ‘
( 31
min )
Moody's said it expected contracted sales to fall by about 5% over the next six to 12 months in China, and the impact of government measures to boost property purchases was likely to be short-lived and uneven. China Evergrande Group, the world's most indebted property developer, is at the centre of the crisis.
( 31
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(Bloomberg) -- SoftBank Group Corp. satisfied its ambitions for Arm Holdings Plc by raising $4.87 billion in the year’s biggest initial public offering, while resisting the temptation to try for more.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish Stands Ou
( 34
min )
Think Sweden, where a nosedive in the local crown currency over the past 18 months is proving a blessing for used-car dealers and other exporters. But 20 years after Swedes voted in a referendum to stay out of Europe's single currency, the crown's 17.5% slide against the euro is not making everyone happy. "Many foreign car dealers think there is a sale on in Sweden," Joachim Agren, senior key account manager at the Swedish branch of BCA, Europe's largest vehicle remarketing company according to its website, told Reuters.
( 34
min )
Failed talks between RTX and a Saudi defense firm show the kingdom’s difficulties in establishing its own military industry.
( 24
min )
The Hong Kong-listed shares of Chinese electric vehicle (EV) makers fell on Thursday after the European Commission launched an investigation into Chinese subsidies for EVs, escalating tensions between Beijing and the EU. Hong Kong shares of market leader BYD slid more than 3%. Smaller rival Xpeng fell 0.6%, while Nio was down more than 2% and Geely Auto dropped more than 1%.
( 30
min )
(Bloomberg) -- AMC Entertainment Holdings Inc. raised about $325.5 million through the sale of 40 million shares, a move that it said would address a cash crunch as the movie-theater industry rebounds. Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish Stands
( 32
min )
"It's going to make some of our people very uncomfortable. I am absolutely fine with that," CEO Jan Fraser said on Wednesday.
( 31
min )
The Berkshire open-market sale is its first of HP since the company accumulated a 12% stake in the PC maker in early 2022
( 23
min )
Warren Buffett's Berkshire Hathaway said on Wednesday it has sold about 5.5 million shares of HP, undoing part of what has been a large, unsuccessful investment in the maker of personal computers and printers. Berkshire sold the shares this week for about $158 million, reducing its HP stake to about $3.27 billion, according to a filing with the U.S. Securities and Exchange Commission. Buffett's company now owns about 11.7% of HP's shares, down from 12.2% before the sales, SEC filings show.
( 32
min )
Forbearance is a form of repayment relief involving temporarily postponing loan payments, typically for home mortgages or student loans.
( 26
min )
Today's best CD rates are 5.85% and 5.80% if you have a jumbo deposit, or 5.75% with one of six non-jumbo options. Terms on the top rates range from six to 15 months.
( 19
min )
Shares of AT&T advanced on Thursday after the telecom giant’s CFO told an investor conference he was confident of the company’s outlook.
( 17
min )
A decade after the financial crisis, Neel Kashkari, the man who oversaw TARP, answers questions on lessons learned.
( 19
min )
U.S. equities gained on Sept. 14, 2023, with the S&P 500 Index adding 0.8%, after positive economic news and a successful IPO from British chip designer Arm.
( 16
min )
Present value means an amount of money today is worth more than that same amount in the future. Unspent money today could lose value by a future date due to inflation.
( 28
min )
Shares of British chip designer Arm jumped close to 25% in their first day of trading after the biggest IPO since October 2021.
( 17
min )
The Revenue Act of 1862 was passed by Congress to fund the Union in the American Civil War and created the Bureau of Internal Revenue.
( 20
min )
America ranked as the 18th best country for retirement in 2022. Here's why it's only in the middle of the pack.
( 22
min )
Betterment and Vanguard Personal Advisor Services are two solid options, so the right one for you will depend on your digital-versus-human preference, the amount you have to invest, and your desire to fine-tune your portfolio.
( 28
min )
The intentional poverty line is a metric used globally to determine if an individual is considered to be living in poverty.
( 19
min )
If paying for college in interest-free installments seems like an appealing alternative to traditional student loans, the government’s consumer watchdog has a warning: Read the fine print carefully.
( 18
min )
Chartered portfolio manager is a professional designation offered by the Global Academy of Finance and Management (GAFM).
( 18
min )
If you bought I bonds in 2022, you're allowed to cash them in once they're a year old. But it's smarter to hold them just a bit longer to boost your return.
( 20
min )
Find out what deflation is and its causes, how it hurts the economy, and how it can lead to a worsening economic cycle.
( 21
min )
A Certified Insolvency & Restructuring Advisor (CIRA) is a certification for professionals who work with companies going through insolvency.
( 20
min )
French regulatory authorities determined that the iPhone 12's emitted radiation that is above acceptable limits, leading to a ban that has raised concerns in other European countries.
( 18
min )
Arm began trading on the Nasdaq on Thursday under the symbol "ARM," in the biggest U.S. IPO since 2021.
( 17
min )
The efficient market hypothesis refers to aggregated decisions of many market participants.
( 19
min )
Austerity measures are attempts to curtail government spending to control public-sector debt.
( 20
min )
Made in America isn't as cut and dried as you might think. Unclear FTC rules allow just enough flexibility to make it hard to tell fact from fiction.
( 24
min )
Issuing its 10th-straight interest rate hike, the European Central Bank raised its main rate to 4%, an all-time high for the institution as inflation is expected to increase to 5.6% in 2023
( 18
min )
When it comes to prices, businesses are in the same boat as consumers: facing higher costs because of rising fuel prices.
( 17
min )
Private companies are owned by a company's founders and/or private investors. Public companies are traded on public exchanges and are owned by shareholders.
( 25
min )
U.S. equities gained at midday on Thursday, Sept. 14, 2023, as a higher-than-expected retail sales report boosted optimism about consumer spending.
( 16
min )
HP shares dropped after Warren Buffett’s Berkshire Hathaway reduced its holdings in the PC and printer maker by 4.5% this week.
( 17
min )
AMC raised more than $325 million after successfully completing a stock sale aimed at shoring up the financially struggling theater chain operator.
( 17
min )
Learn the underlying theories behind these concepts and what they can mean for your portfolio.
( 27
min )
U.S. consumers still have enough buying power to keep on spending—at least on gasoline.
( 18
min )
A buyer's monopoly, or monopsony, is a market situation where there is only one buyer of a good, service, or factor of production.
( 21
min )
Suburbs in New Jersey, Illinois, Indiana among those at highest risk of housing declines, an ATTOM report found, though concluded the economy is too strong to sound any imminent warnings.
( 18
min )
A master limited partnership (MLP) combines the tax benefits of a partnership with the liquidity of a public company.
( 29
min )
Walras's law is a theory that the existence of excess supply in one market must be matched by excess demand in another market so that it balances out.
( 18
min )
A president's campaign trail promises often come up against economic reality.
( 21
min )
The World Trade Organization has its share of detractors. Find out why this international entity has such harsh critics.
( 21
min )
Find out how dividends affect a company's stockholder equity and how the accounting process changes based on the type of dividend issued.
( 23
min )
Regardless of whether a shareholder loses their stock certificate, that person still owns the shares.
( 19
min )
De Franse supermarktketen Carrefour waarschuwt in haar winkels voor krimpflatie, het fenomeen waarbij productverpakkingen kleiner worden, maar de prijskaartjes niet. Carrefour hing kaartjes op bij bepaalde producten, waaronder Lipton Ice Tea, om klanten hiervoor te waarschuwen.
( 3
min )
Een deel van de winkels van de noodlijdende elektronicaketen BCC was donderdag dicht vanwege onveilige situaties voor het personeel. Dat heeft topman Caspar Klinkhamer aan NU.nl laten weten.
( 3
min )
KPN mag telecomprovider Youfone niet zomaar overnemen. Toezichthouder ACM wil eerst onderzoeken of er na de deal nog genoeg concurrentie overblijft.
( 3
min )
Ryanair-baas Michael O'Leary, die vorige week twee taarten van klimaatactivisten in zijn gezicht heeft gekregen, is niet bezorgd over zijn veiligheid. Wel vindt de topman dat de klimaatbeweging de luchtvaart ten onrechte als doelwit heeft genomen, zegt hij tegen Sky News.
( 4
min )
De Autoriteit Persoonsgegevens heeft bij een techbedrijf navraag gedaan naar een chatbot in een app. De privacytoezichthouder wil weten hoe de chatbot persoonsgegevens verwerkt. Om welke app het gaat, zegt de toezichthouder niet. Wel is duidelijk dat de chatbot populair is bij kinderen.
( 4
min )
Om de aanhoudende prijsstijgingen in toom te houden, verhoogt de Europese Centrale Bank (ECB) de rente met 0,25 procentpunt naar 4 procent. Het is de tiende verhoging in iets meer dan een jaar, wat nooit eerder gebeurde.
( 4
min )
Grote techbedrijven als Google en Facebook-moederbedrijf Meta kennen ons ontzettend goed. Op basis van ons kijkgedrag, onze zoekgeschiedenis en hoe we scrollen en liken op Facebook verzamelen ze (vaak) ongemerkt veel informatie. Niet voor niets natuurlijk: zo verdienen de techgiganten hun geld.
( 4
min )
Grote techbedrijven als Google en Facebook-moederbedrijf Meta kennen ons ontzettend goed. Op basis van ons kijkgedrag, onze zoekgeschiedenis en hoe we scrollen en liken op Facebook verzamelen ze (vaak) ongemerkt veel informatie. Niet voor niets natuurlijk: zo verdienen de techgiganten hun geld.
( 4
min )
Nederland staat bekend als fietsland nummer één, maar bij de productie van de tweewielers hebben we het vorig jaar afgelegd tegen acht andere landen binnen de Europese Unie.
( 3
min )
Pieter Pot vraagt klanten voor de tweede keer om te investeren in het bedrijf. Eerder haalde de verpakkingsvrije supermarkt op deze manier een half miljoen euro op. Het blijft onzeker of de idealistische winkel op de lange termijn houdbaar is.
( 4
min )
Leiders van belangrijke techbedrijven kwamen woensdag bij elkaar in de Amerikaanse Senaat om met beleidsmakers te praten over kunstmatige intelligentie. Ze waren het er allemaal over eens: er moeten duidelijke regels voor het gebruik van AI komen.
( 4
min )
Elektronicaketen BCC heeft uitstel van betaling aangevraagd. Het bedrijf heeft te maken met flinke concurrentie, waardoor de financiële positie al maanden onder druk staat.
( 3
min )
Nederland staat voor urgente opgaven op het gebied van klimaat, arbeidsmarkt, gezondheid en het toekomstige verdienvermogen. Daarom moet de overheid scherpere eisen stellen aan bedrijven, minder subsidies verstrekken en meer duidelijkheid eisen voor de lange termijn.
( 4
min )
De inflatie in Argentinië is in augustus op jaarbasis uitgekomen op 124,4 procent. Dat is het hoogste niveau sinds 1991.
( 3
min )
Vereniging Eigen Huis vindt dat het demissionaire kabinet zo snel mogelijk met een oplossing moet komen voor het vleermuizenprobleem bij het isoleren van spouwmuren.
( 3
min )
Als het kabinet ongelijkheid tussen mannen en vrouwen met jonge kinderen op de arbeidsmarkt wil aanpakken, moet er gekeken worden naar de kwaliteit en beschikbaarheid van kinderopvang. En willen we écht meer gelijkheid, dan moet verder gekeken worden dan alleen de kinderopvang.
( 4
min )
Monetization is the permanent increase in the monetary base to fund the government. Central banks buy interest-bearing debt with non-interest-bearing money.
( 20
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An express warranty is an agreement by a seller to repair or replace a faulty product within a specified time period after purchase.
( 20
min )
Today's best CD rate is 5.75%, from six banks and credit unions, with top jumbo CD rates of 5.85% from One America Bank and 5.80% from Finworth and All In Credit Union.
( 18
min )
Obtaining a company's prospectus—or other financial documents—is now a simple online task.
( 20
min )
The Senior Citizens League raised its estimate for 2024's Social Security Cost-of-Living Adjustment (COLA) to 3.2%, up from 3% after the latest inflation report showed prices rose more than expected in August.
( 18
min )
US equities were mixed on Sept. 13, 2023, with the S&P 500 Index rising 0.1% after Labor Department reported core consumer inflation that was higher than estimates.
( 16
min )
Jennifer Granholm is the Secretary of Energy. She previously served as the Governor of Michigan and as the state's Attorney General.
( 22
min )
Shares of MGM Resorts International fell after the hotel and casino operator revealed that it was a target of a cybersecurity attack, and suggested that it could have a material effect on the company.
( 17
min )
A company's bankruptcy can mean significant changes for your insurance coverage and benefits. Learn how bankruptcy can affect you and how to stay safe.
( 24
min )
U.S. equities were higher at midday on Wednesday, Sept. 13, 2023 after hotter-than-expected inflation figures as gas prices surged failed to change traders' expectations that the Fed would pause rate hikes.
( 18
min )
At 11:59 p.m. Eastern Time Thursday, up to 150,000 members of the United Auto Workers union could walk off the job if they don’t reach a deal on wages and working conditions with the big three automakers in Detroit.
( 18
min )
Most U.S. employees are using some form of generative artificial intelligence (AI) at work, but few companies have AI policies.
( 17
min )
The loss disallowance rule limits a corporation's ability to claim the losses of a subsidiary business for tax purposes.
( 18
min )
Rising oil prices have boosted some of the biggest exchange-traded funds (ETFs) that track the price of crude, many of which have risen more than 20% since late June.
( 18
min )
SNAP, which is often referred to as the “food stamps program,” has been helping people whose incomes are below the federal poverty threshold purchase food since 1961.
( 24
min )
Read about the difference between asset-price inflation and real economic growth and why a rising stock market or housing market can be misleading.
( 21
min )
Accounting Standards Executive Committee (AcSEC) is now called the Financial Reporting Executive Committee.
( 19
min )
Citigroup (C) on Wednesday launched a restructuring effort, changing its organizational structure and cutting back on jobs. But can the move bring shareholders some respite?
( 18
min )
Vietnamese EV maker VinFast Auto is particularly focused on Indonesia, earmarking $1.2 billion in long-term investments in the nickel-rich nation.
( 17
min )
Moderna (MRNA) was the best-performing stock in the S&P 500 as the vaccine maker reported its experimental flu shot met its primary endpoint in a Phase 3 trial.
( 17
min )
U.S. equities were higher at midday on Wednesday, Sept. 13, 2023 after hotter-than-expected inflation figures as gas prices surged failed to change traders' expectations that the Fed would pause rate hikes.
( 17
min )
Employer mandates are forcing some people to choose between selling their homes at a loss or losing their jobs, according to a Redfin survey.
( 18
min )
The analysis, released by the U.S. Environmental Protection Agency (EPA), used models to assess how the act’s investments in clean energy and other climate-related solutions will reduce CO2 emissions.
( 18
min )
Airline stocks tumbled after American Airlines and Spirit Airlines warned that higher fuel costs and other expenses will hurt profits in the key summer travel season.
( 17
min )
Ford Motor Co (F) will slash prices and double down on the production of its gasoline-electric hybrid F-150 pickup truck, as higher costs continue to limit demand for all-electric vehicles.
( 17
min )
A Special Purchase and Resale Agreement is an open market operation used by the Bank of Canada to help target interest rates.
( 17
min )
Higher fuel prices are driving up the cost of living and complicating the battle against inflation.
( 18
min )
"Best endeavors" is a phrase in commercial contracts that obligates a party to use all efforts necessary to fulfill a duty.
( 19
min )
A business credit score is a number indicating whether a company is a good candidate to receive a loan or become a business customer.
( 25
min )
Uncollected funds are the portion of a check deposit that remains unavailable to customers until the deposit is verified and clears the banking system.
( 23
min )
Shares of Chinese EV makers are falling after European Union (EU) regulators launched a probe targeting state subsidies for Chinese EV makers like Nio, BYD, and XPeng, in a bid to protect domestic automakers.
( 18
min )
Roll's critique is an economic idea that suggests that it is impossible to create or observe a truly diversified market portfolio.
( 18
min )
Berkshire Hathaway is one of the most coveted companies and stocks in the world, thanks to the investing prowess of Warren Buffett.
( 26
min )
A debtor nation has negative net investment after recording all of the financial transactions it has completed worldwide.
( 20
min )
Binance.US CEO Brian Shroder has left the crypto exchange and the platform cuts 100 positions amidst increasing regulatory scrutiny.
( 17
min )
An economy of scale is a microeconomic term that refers to factors that drive production costs down while increasing the volume of output. Find out the difference between internal economies of scale and external economies of scale.
( 23
min )
Amazon said it plans to boost pay and benefits for contract drivers with a $450 million investment this year into its delivery service partners program.
( 17
min )
Find out about the benefits, features, and interest charges of the Goodyear Credit Card. Learn which customers benefit most and who the competition is.
( 24
min )
If you have life insurance, there are a couple of ways it potentially can help you buy a house. Find out how they compare.
( 24
min )
Money market accounts are different from money market funds, but they share some similarities. Learn more about how the two kinds of accounts compare.
( 25
min )
The American Accounting Association (AAA) is an organization that supports worldwide excellence in accounting education, research, and practice.
( 19
min )
Currency substitution is when a country uses a foreign currency in lieu of, or in addition to, its currency, mainly due to the former's stability.
( 20
min )
Euro LIBOR is the London Interbank Offered Rate denominated in euros, which banks offer each other for large, short-term loans.
( 20
min )
Discover why economic profits are theoretically impossible in a perfectly competitive market and why some economists use perfect competition models.
( 21
min )
Personal loan rates continued their decline this week, falling to 20.94%, losing just 2 basis points since last week when the average personal loan rate sat at 20.96%.
( 19
min )
Term Auction Facility was a monetary policy program designed to increase liquidity in U.S. credit markets.
( 20
min )
The annual rate of consumer inflation in the U.S. is expected to rise for the second straight month, and ADRs of Chinese electric vehicle makers fell after the European Union opened an investigation into price subsidies. Here’s what investors need to know today.
( 18
min )
There are two ways to calculate a nation's gross domestic product (GDP): By adding up all of the money spent or all of the money earned.
( 22
min )
Learn more about interest on interest, or compound interest, including what it is, why it matters, and how to calculate compound interest accrued.
( 22
min )
The Financial Crisis of 2008-09 rattled the global economy and investors.
( 27
min )
Crude oil prices surged to 10-month highs after OPEC and the EIA indicated surging demand could keep prices elevated, but analysts suggest they may not have much room to rise further.
( 18
min )
With the third quarter winding down, and the final quarter of the year almost upon us, it’s time to take stock of stock markets. Where are we likely to go in the next few months, and what are the likely forces to impact trading? In some recent comments on CNBC, Citi strategist Scott Chronert lays out his own belief that we’re likely to see some further gains. Chronert first points out that fears of a hard recession have faded, or as he puts it, “We’ve been pricing in a soft landing since the fir
( 36
min )
Caesars is second major casino operator hit by hackers in recent weeks.
( 28
min )
The Direxion Daily NVDA Bull 1.5x Shares ETF seeks to deliver 1.5 times the price return of daily moves in Nvidia’s shares, which have more than tripled year-to-date. Meanwhile, the Direxion Daily NVDD Bear 1x Shares ETF allows bearish investors to profit when Nvidia’s shares decline.
( 32
min )
Goldman Sachs has fired several executives in its transaction banking business following violation of the firm's communications policy, according to a memo seen by Reuters on Wednesday. The company did not name the individuals. "We are not going to comment on individual disciplinary matters," a spokesperson said.
( 30
min )
Mullen Automotive Inc. said it spent $3.5 million to purchase battery pack production assets from Romeo Power.
( 14
min )
As usual, the media and politicians are blaming the possibility of an auto strike on the auto workers union, but company managements are the guilty parties.
( 37
min )
(Bloomberg) -- Caesars Entertainment Inc. paid tens of millions of dollars to hackers who broke into the company’s systems in recent weeks and threatened to release the company’s data, according to two people familiar with the matter. Most Read from BloombergChina Sows Fresh Confusion About Apple With Security RemarksCiti Plans Job Cuts as It Revamps Top Management StructureLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish Stands Out in First Look at De
( 32
min )
“We continue to invest in top engineering and technical talent while also meaningfully slowing the pace of our overall hiring,” a Google spokesperson said.
( 19
min )
Truist's planned $750 million in costs cuts have put it on the right path to achieve greater efficiency, but that isn't the bank's top concern, one analyst told CBJ.
( 21
min )
The drug is likely to get pulled, but the financial impact for the makers of Tylenol, Sudafed, and Advil won’t be substantial.
( 23
min )
Real estate stands as a cornerstone of wealth generation, and as 19th-century British philosopher and economist John Stuart Mill once, said, "Landlords grow rich in their sleep." Landlords don't merely collect rental income; they also reap the rewards of property value appreciation. While it's nice to collect monthly rental income from an investment property, being a landlord does come with hassles. Don’t miss: Investing in real estate just got a whole lot simpler. With as little as $100, averag
( 33
min )
Fifth Third Bancorp has increased its dividend, marking the eighth consecutive year it has boosted the amount it pays back to shareholders.
( 19
min )
China is driving global debt back towards unsustainable levels amid an “unparalleled” borrowing binge by property developers and local governments, according to the International Monetary Fund.
( 56
min )
Airbnb Inc. is in the spotlight. On Sept. 5, New York City implemented what Airbnb calls a "de facto ban" on the short-term rental platform. The number of short-term listings on Airbnb in New York City, one of the platform's top markets, has seen a significant decline. And according to "Rich Dad Poor Dad" author Robert Kiyosaki, a major shift in the real estate landscape is on the horizon. "Airbnb to lead real estate market crash," he said in a recent post on X, formerly Twitter. While a crash i
( 33
min )
(Bloomberg) -- Wall Street bankers are dangling one of the steepest discounts in recent memory to bond investors as they look to offload billions of dollars of debt that’s been stuck on their books for months.Most Read from BloombergChina Sows Fresh Confusion About Apple With Security RemarksCiti Plans Job Cuts as It Revamps Top Management StructureLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish Stands Out in First Look at DeviceWall Street Yawns at ‘
( 33
min )
Falling oil inventories put America's energy security at risk, potentially making the country more vulnerable to supply disruptions and price volatility in the global market.
( 33
min )
Generating enough income in retirement to meet your spending needs is crucial. While Social Security provides inflation-protected retirement income, it's simply not enough for many retirees. If you need help planning for retirement, consider working with a financial advisor. John Rekenthaler, … Continue reading → The post Treasury Bonds vs. TIPS Ladders vs. Annuities: Which Strategy Is Best For Retirement Income? appeared first on SmartAsset Blog.
( 33
min )
When you leave a job where you had a 401(k) it's important to understand what your options are for rolling over your tax-advantaged plan. Cashing out is another option but can result in significant taxes. Many choose to roll their … Continue reading → The post How to Roll Over Your 401(k) Into An Annuity appeared first on SmartAsset Blog.
( 38
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There’s no doubt that the post-pandemic macro landscape has been treacherous to navigate on many levels. From the global supply disruptions that followed the reopening to the soaring inflation and Russia’s invasion of Ukraine, nothing has remained static, and uncertainty has been the only constant. This new paradigm is acknowledged by Alex Brazier, the Deputy Head at BlackRock Investment Institute. “We‘re in an unprecedented macro environment that is driving constant shifts in the market narrati
( 35
min )
The Social Security cost of living adjustment forecast rose with inflation in August, but seniors are still struggling from two years of inflation.
( 34
min )
NewStreet Research sets a Buy rating and $59 target price on shares of chip-design house Arm, which is set for an initial public offering on Thursday.
( 23
min )
Just over half of hiring managers say removing four-year degree requirements would positively impact their company's hiring practices, according to a OneTen report.
( 35
min )
(Bloomberg) -- Hotter-than-expected inflation likely ensures the Federal Reserve keeps its options open to raise interest rates again in November or December following an expected pause this month.Most Read from BloombergChina Flags ‘Security Incidents’ With iPhones as Bans ExpandLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish Stands Out in First Look at DeviceApple’s iPhone 15 Debut Includes Higher Price on Top ModelAT&T, T-Mobile Offer Free iPhone 1
( 32
min )
Volkswagen is looking at reducing staff at its plant in the eastern German city of Zwickau due to low demand for electric cars, the dpa news agency reported on Wednesday. Volkswagen was not immediately available for comment. The German carmaker would thin down staff by allowing fixed-term contracts to expire, which could affect a few hundred employees at the end of October, according to dpa information.
( 32
min )
Apple’s long-awaited iPhone 15 launch leaves investors disappointed, and Wall Street isn't too enthused, either.
( 22
min )
There are opportunities for investors in China's internet stocks, life insurers, sportswear makers and the supply chain for solar energy.
( 22
min )
Citigroup CEO Jane Fraser announced a major management reorganization that will give her more direct oversight over its businesses as she seeks to simplify the bank. The heads of the bank's five businesses will now report directly to Fraser. They include: Shahmir Khaliq, who runs services, Andrew Morton in markets, Peter Babej for investment and corporate banking, Gonzalo Luchetti in U.S. consumer banking, in Andy Sieg in wealth when he joins the company later this month.
( 32
min )
The economic macro now favors shares of Ford Motor and General Motors over Tesla, writes UBS analyst Joseph Spak.
( 23
min )
Moderna expects to launch up to 15 new products over the next five years 'addressing high unmet needs.'
( 23
min )
Apple stock edges lower following the launch of its new iPhone 15 lineup, Ford and GM shares are upgraded just as a United Auto Workers strike looms, NIO drops as the European Union launches an anti-subsidy investigation into Chinese electric-vehicle makers, and Moderna releases positive results from a late-stage trial of its mRNA flu vaccine.
( 23
min )
Brussels has launched a probe into Chinese state subsidies for electric vehicle makers, as it vowed to protect Europe’s car industry from a “race to the bottom”.
( 32
min )
(Bloomberg) -- Three months after its July 2022 debut on the Nasdaq, FaZe Holdings Inc. threw an exclusive party at a San Diego nightclub, hiring the rapper Travis Scott to promote its stable of video-game stars and YouTube personalities.Most Read from BloombergLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish Stands Out in First Look at DeviceApple’s iPhone 15 Debut Includes Higher Price on Top ModelAT&T, T-Mobile Offer Free iPhone 15 in Lure for New S
( 40
min )
Loan assumptions, which let a home buyer essentially take over a seller’s mortgage, are hard to find and hard to pull off.
( 27
min )
Apple’s long-awaited iPhone 15 launch leaves investors disappointed, and Wall Street isn't too enthused either.
( 22
min )
(Bloomberg) -- Novo Nordisk A/S shares rose slightly on Wednesday in the first trading session following a two-for-one split aimed at increasing the liquidity of the Danish drugmaker’s soaring stock.Most Read from BloombergLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish Stands Out in First Look at DeviceApple’s iPhone 15 Debut Includes Higher Price on Top ModelAT&T, T-Mobile Offer Free iPhone 15 in Lure for New SubscribersBP CEO Looney Quits Over Past
( 33
min )
The equity option is worth more to VMware investors in the $75 billion merger due to close on Oct. 30
( 22
min )
The August CPI release is the final key report before the Federal Reserve's policy-making committee considers interest-rate increases.
( 22
min )
The supplier's CEO says the company has "exhausted" many of the mechanisms it has used to address wage and labor challenges.
( 21
min )
There are opportunities for investors in China's internet stocks, life insurers, sportswear makers and the supply chain for solar energy.
( 22
min )
"Constructive credit markets entering September support the case for the bullish seasonality scenarios that we have highlighted," BofA said.
( 32
min )
West Texas Intermediate crude prices climbed 2% to $89.05 a barrel after the OPEC data came out.
( 32
min )
Als het kabinet ongelijkheid tussen mannen en vrouwen met jonge kinderen op de arbeidsmarkt wil aanpakken, moet er gekeken worden naar de kwaliteit en beschikbaarheid van kinderopvang. En willen we écht meer gelijkheid, dan moet verder gekeken worden dan alleen de kinderopvang.
( 4
min )
Nederlanders gingen er vorig jaar gemiddeld 1,2 procent in koopkracht op achteruit. Dat was de grootste daling in veertig jaar, blijkt uit cijfers van statistiekbureau CBS.
( 4
min )
Ruim zes miljoen mensen reisden vorige maand van, naar of via Schiphol. Dat is een stijging van 14 procent ten opzichte van augustus vorig jaar (5,3 miljoen). De meeste passagiers gingen naar Spanje, het Verenigd Koninkrijk, Griekenland, Italië of Turkije.
( 3
min )
De Rijksdienst Digitale Infrastructuur onderzoekt of de iPhone 12 te veel straling uitzendt. Als dat het geval is, kan de verkoop van het toestel ook in Nederland worden stilgelegd. In Frankrijk geldt al een tijdelijk verkoopverbod voor de iPhone 12.
( 5
min )
WhatsApp-gebruikers kunnen voortaan updates van bekende personen of organisaties ontvangen door hun WhatsApp-kanalen te volgen. Het is geen groepsgesprek: volgers kunnen de berichten alleen lezen.
( 4
min )
Big Bazar krijgt van de rechter niet meer tijd om afspraken te maken met schuldeisers. De rechtbank in Leeuwarden heeft voor de tweede keer geweigerd om een afkoelingsperiode in te stellen.
( 4
min )
VDL Nedcar hoeft in november minder personeel te ontslaan dan verwacht. Eerder kondigde de autoproducent aan dat achttienhonderd medewerkers hun baan zouden kwijtraken.
( 3
min )
De Europese Unie start een onderzoek naar subsidies die China geeft aan autofabrikanten om elektrische modellen goedkoop in Europa te kunnen verkopen. Brussel vindt dat sprake is van oneerlijke concurrentie en sluit strafmaatregelen niet uit.
( 4
min )
Werknemers in de energiebranche krijgen een loonsverhoging van 10 procent. Werkgeversvereniging WENB en vakbond FNV zijn het eens over een nieuwe cao voor werknemers van energieproducenten en -leveranciers. Hieronder vallen ook Eneco, Essent en Vattenfall.
( 3
min )
De Nederlandse Arbeidsinspectie eist dat de korpsleiding de problemen met het C2000-communicatienetwerk voor 8 juni 2024 oplost. Door storingen en andere problemen kunnen agenten op straat niet op het netwerk vertrouwen. Daardoor kunnen ze niet altijd veilig hun werk doen.
( 5
min )
Autobezitters die hun wagen naar de garage moeten brengen, moeten enkele weken tot maanden op een reparatie of onderhoud wachten. De automonteurs hebben het momenteel ongekend druk.
( 3
min )
De economie van het Verenigd Koninkrijk is in juli met 0,5 procent geslonken. Dit komt vooral door stakingen in de zorg en het onderwijs en doordat de bouw last heeft gehad van veel regenval.
( 3
min )
De Nederlandse Arbeidsinspectie eist dat de korpsleiding de problemen met het C2000-communicatienetwerk voor juni 2024 oplost. Door storingen en andere problemen kunnen agenten op straat niet op het netwerk vertrouwen. Daardoor kunnen ze niet altijd veilig hun werk doen.
( 5
min )
De Franse toezichthouder op radiofrequenties heeft de verkoop van de iPhone 12 in het land stopgezet. De iPhone 12 stoot een hogere elektromagnetische straling uit dan in Europa is toegestaan.
( 3
min )
Bernard Looney is dinsdag opgestapt als topman van de Britse energiereus BP. Looney ligt onder vuur, omdat hij informatie heeft achtergehouden over relaties met collega's.
( 3
min )
De Duitse energieproducent NOTUS energy is van plan windmolens te bouwen in Tsjernobyl. De molens moeten verrijzen op de plek waar in april 1986 de grote kernramp plaatsvond. Daarover heeft het bedrijf een akkoord bereikt met het Oekraïense staatsenergiebedrijf Ukrenergo.
( 3
min )
Ritprijzen in de metro, tram en bus gaan volgend jaar waarschijnlijk met 11,7 procent omhoog. De vervoerders hebben te maken met hogere kosten, onder meer voor personeel en energie, en verhogen hun prijzen daarom flink.
( 4
min )
Simply investing in the S&P 500 rather than following Michael Burry's bearish tweets would've delivered investors an average six-month annualized gain of 34%, Charlie Bilello said.
( 32
min )
Tech stocks have been leading the market this year; that’s no secret. The tech-heavy NASDAQ index, even after recent losses, has a year-to-date gain of ~32%, and the S&P 500, which includes a large tech segment, is up 16%. Those broad numbers cover up some important drill-downs. It’s the giant tech firms that are leading the way, and among them, AI has played a conspicuous part in the gains. The technology came to sudden prominence last November, when OpenAI released its ChatGPT AI-powered chatb
( 35
min )
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Today's best CD rate is 5.75%, from five banks and credit unions, while the top jumbo CD rates are 5.85% from One America Bank and 5.80% from Finworth and All In Credit Union.
( 20
min )
Wells Fargo CFO Mike Santomassimo said running an efficient bank shouldn't be a one-time cost-cutting program.
( 21
min )
(Bloomberg) -- Sorrento Therapeutics Inc., which filed for bankruptcy in February after suffering shortseller attacks for prematurely saying it had developed a cure for Covid-19, received court approval to sell a major stake in its publicly traded subsidiary.Most Read from BloombergApple iPhone 15 Event Will Tout Enhanced Camera, Titanium FinishApple’s iPhone 15 Debut Includes Higher Price on Top ModelThe Mighty American Consumer Is About to Hit a Wall, Investors SayBP CEO Looney Quits Over Past
( 32
min )
A disagreement over accounting for intangible property acquired as part of a $2.2 billion deal buying one of its major brands comes back after 12 years.
( 21
min )
"I think the regulators would allow us to do something right now."
( 20
min )
Countries have been vying toward clean energy, with most developed nations planning to achieve carbon neutrality by 2050. Several startups have achieved success thanks to their green energy initiatives, including the blockbuster electric vehicle maker Tesla, Inc. (NASDAQ:TSLA). Companies are now focusing on producing clean energy through nuclear fusion, which is often considered the epitome of green power, as it can produce nearly unlimited energy without any harmful byproducts. As of 2022, inve
( 34
min )
At the Future Proof conference in Huntington Beach, Calif., the former Pimco titan said he has 40% of his investments in MLPs, while DoubleLine's founder offered up commercial mortgage-backed securities and other fixed-income options.
( 22
min )
VinFast filed a registration statement with the SEC on Tuesday. About 11 million shares of the EV maker will soon be available to trade.
( 23
min )
McDonald's is getting rid of self-served soda. The Chicago-based fast food chain plans to eliminate self-service soda machines at its U.S. restaurants by 2032, McDonald's confirmed this week. In an email to The Associated Press Tuesday, McDonald's USA said the goal of the change is to create consistency for customers and crew members across the chain's offerings — from in-person dining to online delivery and drive-thru options.
( 33
min )
(Bloomberg) -- BP Plc Chief Executive Officer Bernard Looney will be resigning, the Financial Times reported, citing two people it didn’t name.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayApple iPhone 15 Event Will Tout Enhanced Camera, Titanium FinishApple to Sell Made-in-India iPhones on Launch Day for First TimeGuyana Is World’s Most Booming Economy — And Is Set to Grow
( 32
min )
DVN's 80-day moving average could provide tailwinds
( 31
min )
The timeless adage "buy low, sell high" has attracted countless people to the stock market. But as many discover the hard way, the strategy is easier said than done. Stocks don't always go up. Even though the S&P 500 is up 17% in 2023, it's still down compared to where it was at the end of 2021. The good news? You don't have to actively trade stocks to make money. You can also collect dividends. With the right dividend stocks, investors can bypass the stress and uncertainty associated with attem
( 33
min )
"We don’t have any intention of booking an international flight when the playground in the U.S. is immense.”
( 20
min )
BP's Chief Executive Officer Bernard Looney is to resign, the Financial Times reported on Tuesday citing two people with knowledge of the matter. Looney took over the role in 2020, replacing Bob Dudley, who retired in the same year. BP declined to comment.
( 30
min )
Shares of the auto parts distributor are on pace for their lowest close since October 2011.
( 22
min )
The great-great-granddaughter and great-great-grandson of founder Henry Ford would be taking on leadership roles at the 120-old automaker. Elena Ford, who had been serving as chief customer experience officer, becomes the company's chief dealer engagement officer. Will Ford III was named general manager of Ford Performance.
( 32
min )
The middle class has long been considered the backbone of the American economy. But the American middle class is shrinking. The percentage of adults living in middle-income households in the United States fell by more than 10 percentage points over … Continue reading → The post What It Takes to Be Middle Class in America's Largest Cities – 2023 Study appeared first on SmartAsset Blog.
( 34
min )
Wall Street is punishing Oracle after quarterly results but some suggest investors are missing key details on future growth tied to AI and cloud demand.
( 32
min )
Higher interest rates are intended to curb inflation and stabilize the economy. But this monetary tightening has come with unintended consequences, particularly for the backbone of the U.S. economy: small businesses. According to "Shark Tank" star Kevin O'Leary, small businesses are having a hard time getting financing. "The regional [banks] don't know yet what their capital requirements are going to be. So, their loan books have closed like a turtle in a shell," O'Leary told Fox Business's Larr
( 34
min )
Top brass at the aerospace giants are seemingly given special treatment when it comes to any return-to-office policy.
( 34
min )
Wells Fargo could see its headcount decline further as it aims to improve efficiency, Chief Financial Officer Mike Santomassimo said on Tuesday. It has already reduced its employee base by nearly 40,000 and cuts are likely to continue, Santomassimo said. The bank has trimmed its mortgage business, which has also seen some layoffs.
( 32
min )
It’s been a good year so far for Cathie Wood. Representing a meaningful turnaround after what can be described as a two-year post-pandemic comedown, her flagship ARKK Innovation fund (ARKK) is up by 46% year-to-date, putting the main indexes’ performances in the shade. That said, given Wood’s penchant for the risky and outré, not all the stocks that make up the various funds under the Ark Invest banner are doing well right now. Some have underperformed recently and look a bit rough around the ed
( 35
min )
CVS upgraded, RTX downgraded: Wall Street's top analyst calls
( 34
min )
The stock has already lost more than 8% in September, retreating from an all-time high, and is poised to notch its longest down stretch in 2023.
( 23
min )
Barron's looked for the most popular stocks in the S&P 500 based on analyst ratings that also have rising 2024 earnings estimates.
( 31
min )
The U.S. government on Wednesday morning will release its latest official inflation data.
( 32
min )
The wage increase bid/ask spread between the union and auto makers seems to be narrowing. That's good news for investors.
( 22
min )
An audacious call from Brazil President Luiz Inacio Lula da Silva for the BRICS nations to establish a shared currency has been met with skepticism. Addressing a packed audience during the 2023 BRICS Summit in Johannesburg, South Africa, Silva argued that a common currency would insulate these nations — Brazil, Russia, India, China and South Africa — from the tumultuous waves of dollar exchange rate shifts. But the idealistic vision is riddled with logistical conundrums, stemming from the profou
( 32
min )
Three analysts cut their rating on the shares to Hold from Buy in the aftermath of its disclosure about issues with the company's geared turbofan aircraft engines.
( 22
min )
The company's shares were tanking after its results disappointed. But analysts at Global Equities Research see an opportunity.
( 22
min )
Magellan Midstream Partners has pressed its case for the $19 billion deal, citing strategic benefit and downplaying tax issues ahead of next week's vote.
( 23
min )
TSMC, the world's largest contract chipmaker, said it would invest up to $100 million in Arm Holdings Plc's initial public share offering (IPO), it said on Tuesday. The company also agreed to purchase 10% equity interest in IMS Nanofabrication Global, LLC from Intel Corp for up to $432.8 million, the statement said.
( 30
min )
(Bloomberg) -- Global oil markets face a supply shortfall of more than 3 million barrels a day next quarter — potentially the biggest deficit in more than a decade — as Saudi Arabia extends its production cuts.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets Wr
( 33
min )
Stock market technology for the average investor has come a long way since the days when brokers handled everything and doing research was restricted to scrolling through long columns of tiny font in one of the larger financial newspapers. Today there are internet screeners that can provide investors with crucial information to help guide purchase or sale decisions in a matter of minutes. Investors who are seeking steady and reliable income often find it difficult to pinpoint stocks that pay a h
( 34
min )
Wealthy families loaded up on bonds and private equity investments in the first half of the year while slashing their stock exposure, according to a survey by Citigroup's private bank. More than half of the 268 family offices polled, accounting for a combined net worth of $565 billion, increased their allocations in fixed income, while 38% boosted their private equity holdings. The shifts were the largest since Citigroup began the study in 2020.
( 31
min )
Shares of MTU Aero fell 4.5%, a day after it said it was expecting a hit of around €1 billion this year as Pratt & Whitney parent RTX said it would recall hundreds of jet engines.
( 26
min )
The IRS recently announced a major tax enforcement initiative that will increase scrutiny on high-income earners, partnerships and people with foreign bank accounts. The agency said the effort would “restore fairness to [the] tax system” by focusing on wealthy taxpayers who have seen sharp declines in audit rates over the past decade. A financial advisor […] The post The IRS Is Cracking Down on These High-Income Earners. Are You One of Them? appeared first on SmartReads by SmartAsset.
( 33
min )
Three analysts cut their rating on the shares to Hold from Buy in the aftermath of its disclosure about issues with the company's geared turbofan aircraft engines.
( 22
min )
Managers who give with one hand and take with the other risk sending their workers off on their own.
( 33
min )
(Bloomberg) -- A seemingly insatiable demand for cash is rippling through markets.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets WrapMeloni Tells China That Italy Plans to Exit Belt and RoadEveryone — from moms and pops to corporate treasurers and the mega as
( 36
min )
The company was on track to lose about $30 billion in market value, based on its premarket share price of $115. The stock has risen 55% this year on optimism the rise of generative AI would drive up cloud demand. Lower-than-expected revenue for the first quarter and a below-estimate forecast for the second, however, signaled the boost from AI would take longer to materialize.
( 32
min )
Oracle's revenue outlook disappoints, Apple kicks off its annual fall launch event, Tesla falls a day after surging 10%, and WestRock signs an agreement to merge with Dublin-based Smurfit Kappa.
( 23
min )
The UAW is pressing for more work-life balance during contract talks; the automakers want better attendance.
( 27
min )
Shares of Oracle (ORCL) slid in premarket trading after the software giant reported quarterly sales that underwhelmed investors.
Revenue rose 9% to $12.45 billion, in line with analyst estimates. Cloud revenue continued to drive the growth, rising
( 21
min )
(Bloomberg) -- Oil edged up, trading near the highest level this year before reports that may offer further insight into the demand and supply outlook.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets WrapMeloni Tells China That Italy Plans to Exit Belt and Road
( 32
min )
(Bloomberg) -- Smurfit Kappa Group Plc agreed to acquire WestRock Co. in an $11.2 billion deal that creates a packaging industry powerhouse domiciled in Ireland.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets WrapArm’s IPO Orders Are Already Oversubscribed by
( 33
min )
The company's shares were tanking after its results disappointed. But analysts at Global Equities Research see an opportunity.
( 22
min )
Smurfit Kappa and WestRock said they reached a tie-up agreement. Tony Smurfit will be CEO of the combined company.
( 26
min )
Smurfit Kappa and WestRock have agreed to combine, the companies said on Tuesday, to create one of the world's largest paper and packaging producers worth nearly $20 billion. The companies' combined adjusted revenue was about $34 billion for the year ended June 30, which would make the new company, called Smurfit WestRock, the largest listed global packaging partner by revenue, the statement said. WestRock stockholders will get one new Smurfit WestRock share and $5 in cash for each share they hold, which works out to $43.51 per share, the statement said.
( 32
min )
Here is your Pro Recap of the biggest analyst picks you may have missed since Friday: upgrades at CVS Health, Brown Forman, Geron, and a buy initiation for Block. Wolfe Research upped CVS Health (NYSE: NYSE:CVS) to Outperform from Peerperform with a price target of $80.00, prompting the shares to shoot higher after word of the upgrade hit the wires intraday Monday.
( 33
min )
(Bloomberg) -- Australia’s richest woman has amassed a stake in lithium producer Albemarle Corp.’s A$6.6 billion ($4.3 billion) takeover target Liontown Resources Ltd., and suggested she may push for a board seat.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets
( 32
min )
The family holding company agreed to partial debt paydowns and higher interest rates.
( 26
min )
Bitcoin fell on Tuesday morning in Asia to hover above US$25,000 after briefly losing the key support level. Ether also slid to lose control of US$1,600.
( 32
min )
Learn how exchange traded funds can provide many of the benefits of a mutual fund with the flexibility of stock, and often a lower cost.
( 25
min )
Amazon is expanding its ecosystem of services with an end-to-end supply chain service for third-party sellers called "Supply Chain."
( 17
min )
Today's best CD rate is 5.75%, from five banks and credit unions, while the top jumbo CD rates are 5.85% from One America Bank and 5.80% from Finworth and All In Credit Union.
( 18
min )
Apple (AAPL) today held its 2023 Annual Fall Event, dubbed "Wonderlust," introducing the latest groundbreaking iPhone and Apple Watch models, including the world's first iPhones made in India.
( 18
min )
It's easy to earn 5% or more on your savings—but not with any of the big-name banks. Instead, these smaller banks are just as safe but pay 500 times more interest.
( 19
min )
US equities fell on Sept. 12, 2023, with the S&P 500 Index dropping 0.6% after oil futures rose to a 10-month high.
( 16
min )
The median asking rent in August was $2,052, only $2 short of the all-time high, according to Redfin.
( 17
min )
BMW Group, Ford Motor Company, and American Honda Motor Company are teaming up to form a new company called ChargeScape that will help connect utilities, automakers, and electric vehicle owners.
( 17
min )
Walgreens Boots Alliance is teaming with health technology firm Pearl Health to expand its reach into providing primary care services.
( 17
min )
Nearly 5.5 million children were lifted out of poverty in the three years ending 2021, thanks mainly to the unprecedented cash support to households during the pandemic—and nearly that many fell into poverty in 2022 when that support expired.
( 20
min )
Taiwan Semiconductor's board has approved an investment of up to $100 million in the hit IPO of U.K.-based chipmaker Arm.
( 17
min )
A bipartisan bill introduced Tuesday would eliminate a rule that cuts people off from federal disability benefits if they save more than $2,000.
( 17
min )
Learn about the different implications of marginal benefit and marginal utility in economics.
( 24
min )
American Express is more than just a popular credit card issuer; it offers competitive savings account rates, too. Learn more about saving money with Amex.
( 21
min )
Almost half of CFOs Deloitte surveyed say their organizations are experimenting with uses of generative artificial intelligence, with a rising share suggesting now is a good time to take greater risks.
( 17
min )
Learn about differences between stock and mutual insurers, the potential for a company's financial well-being, and which is best for you as a policyholder.
( 22
min )
Just because you're in love doesn't mean that filing a joint return is always best for you. Here's when married couples should file taxes separately.
( 24
min )
A group universal life policy is universal life insurance offered to a group that is less expensive than what is typically offered to an individual.
( 21
min )
Disaffirmance is the right by one party to renounce a contract and void any legal obligations resulting from that agreement.
( 19
min )
Warren Buffett's fundamental approach to investing explains his no-split policy on Berkshire Hathaway stock.
( 23
min )
Microsoft is offering the first credit card aimed at helping Xbox gamers earn rewards they can use toward games and other downloads.
( 17
min )
The terms bull and bear are used to describe general actions and attitudes, or sentiments, either of an individual or the market. But how were they named?
( 22
min )
About 23% of small business owners surveyed said inflation is their top problem while many are struggling to fill vacancies with qualified workers.
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min )
IBFs allow depository institutions in the U.S. to offer deposit and loan services to foreign residents and institutions.
( 19
min )
Demand for pizzas helped drive sales at Casey's General Stores and its shares hit a record high Tuesday. Profit was up 11% from the year-ago quarter and a third higher than analysts' estimates.
( 17
min )
Financial services giant Franklin Templeton filed for a spot bitcoin ETF with the SEC on Tuesday, joining BlackRock and Fidelity.
( 19
min )
Exchange-traded funds have a number of characteristics that make them attractive to young investors, from liquidity to low fees.
( 22
min )
A clearance certificate verifies that an entity has paid all its tax liabilities when it ceased to exist or was transferred to a new owner.
( 19
min )
Debt/EBITDA is a ratio measuring the amount of earnings that is available to pay down debt before deducting interest, taxes, depreciation, and amortization.
( 21
min )
More U.S. workers than ever have college degrees—but the tide could be turning against higher education in the workplace.
( 18
min )
The S&P 500 and Nasdaq both dropped at midday on Tuesday, Sept. 12, 2023, as oil prices rose to their highest level this year.
( 16
min )
The Surface Transportation Board (STB) is a federal agency that regulates financial aspects of surface transportation, primarily freight rail.
( 23
min )
The White House now has 15 companies committed to its AI standards, which include disclosure of AI-generated content, sharing vulnerabilities, and committing to external testing before releasing products.
( 18
min )
Oracle was the worst-performing stock in the S&P 500 after the software maker reported lower-than-expected revenue and guidance as businesses pulled back on cloud spending following the pandemic boom.
( 17
min )
GlobalFoundries opened a $4 billion fabrication plant in Singapore to expand capacity in anticipation of a rise in demand for semiconductor chips.
( 17
min )
If you spent more at the gas pump—and less everywhere else—in August, you’re not alone.
( 17
min )
The basic assumption of the law of demand concludes that there is a negative correlation between the quantity demanded and price.
( 19
min )
Reliance on income taxes versus consumption taxes is one big difference between U.S. revenue sources and those of other countries. Learn the options.
( 22
min )
Magna cum laude is an honorific for a degree earned with great distinction. It means “with great praise” in Latin, and there’s no set grade point average (GPA) to get it.
( 25
min )
Concerns about China's economic growth led to a massive shift into U.S. equities and away from emerging market stocks over the past month, according to Bank of America's latest survey of global fund managers.
( 17
min )
Here are some of the biggest product liability suits that U.S. corporations have faced due to defective or dangerous products that they sold to consumers.
( 22
min )
Understand the two different methods of calculating the expense ratio and find out how it can be used to compare insurance companies and analyze performance.
( 20
min )
Floating stock is the result of subtracting closely-held shares from total shares outstanding to provide a narrower view of a company’s active shares.
( 25
min )
Credit unions and banks offer similar services, but they have some key differences in their profit models and offerings. Learn how to determine which is best for you.
( 26
min )
Accelerated benefit riders allow policyholders to access death benefits in their life insurance policy while they are alive, under certain conditions.
( 24
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Almost half of security chiefs plan to significantly raise security spending in the next year after companies lost $1 trillion in revenue due to related incidents in 2022.
( 18
min )
A dove is an economic policy advisor who favors strategies that maintain low interest rates and other expansionary policies.
( 24
min )
Learn how unpaid internships affect student interns, employers, the labor force, and the economy as a whole.
( 26
min )
The Americans with Disabilities Act prohibits discrimination against disabled people with respect to employment, transportation, and other services.
( 23
min )
Bank of America offers many personal financial products, including savings accounts. See if Bank of America’s rates are attractive enough for your deposit.
( 23
min )
Barclays offers a competitive APY on its single savings account, which is light on restrictions and fees. Learn more about Barclays Online Savings Account to see if it’s right for you.
( 21
min )
Chase Bank offers two savings accounts to its customers with below-average interest rates, but the bank has other financial services worth considering.
( 21
min )
Citi offers CDs, checking accounts, bank IRAs, and savings accounts. Learn more about its savings account rates, features, and account requirements.
( 26
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The People's Bank of China is the central bank of the People's Republic of China and is located in Beijing.
( 21
min )
Here are some of the world’s top news companies, arranged in the decreasing order of the available market capitalization figures.
( 24
min )
The global interconnection of U.S. payment systems makes commercial and financial transfers possible.
( 26
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Relative purchasing power parity (RPPP) is the view that inflation differences between two countries will have an equal impact on their exchange rate.
( 22
min )
Over-under bets, or total bets, are a wager that the point total for a game will be larger or smaller than a sportsbook predicts. Learn more about this type of gambling.
( 25
min )
Check U.S. Bank’s current savings account interest rates, and see how they compare to the top accounts in the market today.
( 21
min )
USAA offers a few different savings accounts, but the rates are relatively low. Compare USAA to top competitors and find the best savings account for your needs.
( 20
min )
Het percentage internationale studenten dat in Nederland blijft werken nadat ze hun diploma hebben gehaald neemt toe. Vooral de technische studierichtingen leveren werkgelegenheid op, blijkt uit cijfers van statistiekbureau CBS.
( 4
min )
Betaal nooit als je wordt afgeperst door cybercriminelen, luidt het advies vaak. Daarmee maak je de misdaad lonend en blijft het probleem bestaan. Toch heeft de KNVB na een digitale inbraak afspraken gemaakt met Russische hackers. Is dat wel verstandig?
( 4
min )
De iPhone 15 is niet meer op te laden met de Lightning-kabel van eerdere iPhones. Op de nieuwe telefoon gaat dat via USB-C. Dat kondigde Apple dinsdagavond aan tijdens de presentatie van nieuwe iPhones voor komend jaar.
( 5
min )
Betaal nooit als je wordt afgeperst door cybercriminelen, luidt het advies vaak. Daarmee maak je de misdaad lonend en blijft het probleem bestaan. Toch heeft de KNVB na een digitale inbraak afspraken gemaakt met Russische hackers. Is dat wel verstandig?
( 4
min )
Betaal nooit als je wordt afgeperst door cybercriminelen, luidt het advies vaak. Daarmee maak je de misdaad lonend en blijft het probleem bestaan. Toch heeft de KNVB na een digitale inbraak afspraken gemaakt met Russische hackers. Is dat wel slim?
( 4
min )
Een beveiligingsexpert heeft dit jaar een kwetsbaarheid gevonden in de software die in Nederland wordt gebruikt om stemmen te tellen. Daardoor was het in principe mogelijk om uitslagen te manipuleren, al is er geen bewijs dat dat is gebeurd.
( 4
min )
Italië dreigt zijn positie als 's werelds grootste wijnproducent te verliezen. Dat komt door de dalende wijnproductie. Waarschijnlijk verovert Frankrijk voor het eerst in negen jaar de eerste plek.
( 3
min )
Al zestien maanden op rij gaan er meer bedrijven op de fles dan een jaar eerder. In augustus was er zelfs een stijging van 80 procent vergeleken met vorig jaar. Is dit de start van een faillissementsgolf of valt het wel mee?
( 3
min )
Leraren op basisscholen, middelbare scholen en in het speciaal onderwijs kunnen een loonsverhoging van 10 procent tegemoetzien. Vakbonden en werkgevers hebben dat na intensieve onderhandelingen met elkaar afgesproken, meldt de Algemene Onderwijsbond (AOb).
( 3
min )
De Europese Commissie waarschuwt dat er meer geld nodig is om natuurrampen te bestrijden. De Europese pot voor noodhulp is al twee jaar op rij leeg geraakt, terwijl zulke rampen steeds vaker voorkomen.
( 3
min )
Passagiers van Japan Airlines kunnen sinds kort een kledingpakket huren dat in Japan voor ze klaarligt, schrijft CNN. Zo hoeven vakantiegangers minder kilo's aan bagage mee te nemen, waardoor het vliegtuig minder brandstof verbruikt.
( 3
min )
De winning van materialen voor oplaadbare batterijen, vooral gebruikt in elektrische auto's, gaat gepaard met "ernstige mensenrechtenschendingen" in de Democratische Republiek Congo. Volgens Amnesty International gaat het om onder meer seksueel geweld, brandstichting en mishandeling.
( 3
min )
LG krijgt een boete van 8 miljoen euro van toezichthouder ACM. Het elektronicabedrijf maakte verboden prijsafspraken rond televisies en dreef de prijzen zo op.
( 4
min )
Goksites doen nog te weinig om gokverslavingen tegen te gaan. De Kansspelautoriteit onderzocht tien aanbieders van online kansspelen in Nederland. Daaruit kwam naar voren dat ze te laat ingrijpen als gokkers buitensporig veel spelen via hun site.
( 4
min )
De horeca verspilt 9,2 procent minder voedsel dan in 2019, het jaar voor de coronapandemie. Wij zijn benieuwd wat jij doet om voedselverspilling tegen te gaan. Deel je tips hier.
( 2
min )
Het vliegverkeer in Europa is bijna weer op het niveau van voor de coronapandemie. In juli vlogen er nog 3 procent minder vliegtuigen dan in juli 2019, nog voor de corona-uitbraak.
( 4
min )
De KNVB heeft afspraken gemaakt met de Russische cybercriminelen die in april hebben ingebroken in de systemen van de voetbalbond. Daarmee hoopt de organisatie te voorkomen dat eventuele buitgemaakte gegevens op straat komen te liggen.
( 4
min )
LG krijgt een boete van 8 miljoen euro van toezichthouder ACM. Het elektronicabedrijf maakte verboden prijsafspraken rond televisies en dreef de prijzen zo op.
( 4
min )
Goksites doen nog te weinig om gokverslavingen tegen te gaan. De Kansspelautoriteit onderzocht tien aanbieders van online kansspelen in Nederland. Daaruit kwam naar voren dat ze te laat ingrijpen als gokkers buitensporig veel spelen via hun site.
( 4
min )
Door personeelstekorten wordt het onveilig op de werkvloer van het midden- en kleinbedrijf, waarschuwt de Nederlandse Vereniging voor Veiligheidskunde (NVVK). "Personeel staat steeds vaker voor de keuze om onveilig te werken, of om niet te werken."
( 5
min )
Ook in de maand augustus zijn meer bedrijven failliet gegaan dan in dezelfde maand een jaar eerder. Vooral bij transportbedrijven is een toename te zien. De faillissementen in die sector volgen op een kwartaal met een dalende omzet.
( 3
min )
De Consumentenbond begint een rechtszaak tegen Google. Volgens de organisatie is de manier waarop het techbedrijf gegevens van gebruikers verzamelt in strijd met de privacyregels.
( 3
min )
Het budget van het Internationale Rode Kruiscomité (ICRC) gaat volgend jaar met ongeveer 13 procent omlaag, zegt directeur Robert Mardini. Dat komt doordat grote donoren zoals de Verenigde Staten de financiering hebben verlaagd.
( 4
min )
De Consumentenbond begint een rechtszaak tegen Google. Volgens de organisatie is de manier waarop het techbedrijf gegevens van mensen verzamelt in strijd met de privacyregels.
( 3
min )
The union has proposed a mid-30% wage increase, down from an initial demand of at least 40%.
( 27
min )
Everyone likes a winner, and it’s only natural to gravitate toward them, but the stock market offers a unique twist on that process. That is because the biggest opportunities are often found among the losers, or more precisely, the stocks that have been beaten-down for one reason or another. The interesting part is that in the stock market, these losers can quickly become winners, and those who were bold enough to pick up equities at depressed levels when they looked down and out will, in the en
( 34
min )
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Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.
( 20
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Crypto markets dropped sharply on Monday, with bitcoin’s price dipping below $25,000.
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Pratt & Whitney parent RTX said it will take a $3 billion charge as it inspects Pratt & Whitney engines.
( 17
min )
(Bloomberg) -- Oracle Corp. reported cloud sales growth that slowed in the quarter, dimming enthusiasm about the software maker’s expansion efforts in competitive market. The shares declined about 5% in extended trading.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%:
( 32
min )
Oracle narrowly missed market expectations for first-quarter revenue on Monday, as companies pared back spending on cloud services due to an uncertain economic outlook. Revenue for the quarter stood at $12.45 billion, slightly below analysts' estimates of $12.47 billion, according to LSEG data.
( 31
min )
GM presented a counteroffer to the UAW Thursday that offers a 10% wage increase across the life of the contract and other gains. The UAW rejects it.
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No, employer match does not count towards 401(k) limit, however, the IRS does limit total contribution from both the employer and the employee combined.
( 24
min )
When I retired in September 2022, my 401(k) was invested aggressively (90/10 split between stocks to bonds) and lost approximately 30%. I left the 401(k) invested in mutual funds in hopes it would gain back some of the losses. A year later it has gained back approximately 20%. I'm not required to take RMDs for […] The post Ask an Advisor: I’m 5 Years Away From RMDs But Recently Lost 30% of My 401(k). Should I Stay Aggressive to Regain My Losses or Rebalance? appeared first on SmartReads by Smart
( 33
min )
Tesla shares have surged after a Wall Street bank predicted that the electric car company’s value would rise above $1.2 trillion (£958bn) because of investments in an artificial intelligence supercomputer.
( 32
min )
Eli Lilly’s success with weight-loss drugs has led to a big market cap.
The pharma giant’s stock rose 1.6% on Monday afternoon, putting Lilly on track for a new all-time high dating back to 1972.
Lilly, which [reported just under a billion dollars in second-quarter revenue](https://www.wsj.com/liv
( 22
min )
Charlotte-based Truist's plan includes reducing about $750 million in costs over the next few quarters.
( 21
min )
Deutsche Bank Research analyst Steve Powers upgraded Kenvue to Buy from Hold over the weekend.
( 23
min )
(Bloomberg) -- Citizens Financial Group Inc. Chief Financial Officer John Woods vowed the company won’t do deals that require it to book losses as it looks to reduce a $13.7 billion portfolio of unwanted loans.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayMeloni Tells China That Italy Plans to Exit Belt and RoadIndia’s G-20 Win Shows US Learning How to Counter China RiseTes
( 32
min )
The benchmark U.S. 10-year Treasury note yield has peaked in the current cycle, according to a majority of bond strategists polled by Reuters, although most said their conviction around that prediction was weak. Despite yields rising over the past few months, analysts in a Reuters Sept. 5-11 poll held on to their predictions that sovereign yields will drop over the coming year, suggesting the recent sell-off in the bond market was mostly over. Roughly the same group of strategists said the same thing last month, about two weeks before the benchmark U.S. yield hit a near-16 year high of 4.37%.
( 32
min )
(Bloomberg) -- The wind is about to shift for the US stock market, if history is any guide, says Bank of America Corp.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayMeloni Tells China That Italy Plans to Exit Belt and RoadIndia’s G-20 Win Shows US Learning How to Counter China RiseTesla and China Risk Leaving Volkswagen on a Road to NowhereWith equities in the “recovery” pha
( 32
min )
In the early 2000s, Berkshire Hathaway Inc. Vice Chairman Charlie Munger made a daring yet calculated financial move. He entrusted a significant portion of his family’s fortune — $88 million — to Li Lu, often referred to as the Chinese Warren Buffett. This bold investment, though carrying its share of risk, not only remained secure but also experienced substantial growth. It is now estimated at approximately $400 million. “We made unholy good returns for a long, long time,” Munger said. “That $8
( 33
min )
Labor negotiations are always a face-off: the union vs. the company, wages, benefits, and working conditions vs. profits.
( 22
min )
September is traditionally known to be a challenging month for the stock market, with historical data showing it is usually the worst month of the year for stocks. However, when considering year-to-date activity, J.P. Morgan’s Global Investment Strategist, Madison Faller, points out that this may not be the case this year. “A closer look shows that in the 10 times since 1950 that the S&P 500 has been up at least 10% year-to-date and it’s been down in August (just like this year), September has b
( 35
min )
Citi analysts see near-term upside for Microsoft stock in artificial intelligence, and beyond. Shares can rise another 26%, they reckon.
( 22
min )
A lawsuit in North Carolina says a man is unable to pay his mortgage because Wells Fargo mistakenly froze his account. It points to a bigger problem in banking.
( 23
min )
Shares of Walgreens Boots Alliance continued their run downward Monday, putting them on pace for their lowest close since 2009.
The stock, recently off more than 1%, was on track to fall for a seventh straight session for the first time since September. It's down some 15% during the latest seven-da
( 22
min )
"We want to buy the best businesses in the world."
( 32
min )
I'm 64. I just inherited $50,000. I'm leary of investing it in stocks as I took a bath after 9/11 and saw my $70,000 401(k) cut in half. I have been looking at high-interest savings in digital banks such as … Continue reading → The post Ask an Advisor: I'm 64 and Received a $50K Inheritance But I ‘Took a Bath' in the Stock Market Once Before. Should I Put It Into High-Yield Savings? appeared first on SmartAsset Blog.
( 33
min )
The company said it would cost up to $7 billion to repair Pratt engines and compensate airlines for fixes that will ground more than 600 Airbus jets in 2024.
( 26
min )
David Tolley, WeWork's interim CEO, said the company's current lease liabilities remain too high and "are dramatically out of step with current market conditions."
( 18
min )
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One day after hitting a new 22-year high, 30-year mortgage rates retreated dramatically, registering their biggest rate drop in more than three months.
( 19
min )
Deciding when to take Social Security benefits is one of the most important questions to answer in planning your retirement strategy. Second to that is understanding what might increase-or reduce-your benefit amount. Does retirement income count as income for Social Security? No, but working while claiming benefits could shrink the amount that you're able to […] The post Does Retirement Income Count as Income for Social Security? appeared first on SmartReads by SmartAsset.
( 34
min )
Instacart’s much-anticipated IPO officially kicked off Monday, as the grocery delivery company revealed the price it hopes to fetch for its stock in a regulatory filing.
The San Francisco company and selling shareholders are aiming to sell 22 million shares at $26 to $28 apiece, raising $572 millio
( 23
min )
The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year.
( 30
min )
Broadcom director Check Kian Low just bought $9.6 million of shares of the chip maker on the open market.
( 23
min )
(Bloomberg) -- SoFi Technologies Inc.’s effort to transition from upstart fintech firm to the big leagues of financial institutions will face an important step possibly as soon as next week when the company helps take Instacart Inc. public.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy
( 33
min )
The sale caps a remarkable turnaround for Hostess, which has been through two Chapter 11 bankruptcies.
( 27
min )
(Bloomberg) -- RTX Corp.’s plan to address the latest flaw in its marquee commercial jet engine will ground hundreds of Airbus SE A320neo aircraft over the next three years, a fresh source of disruption to global airlines’ post-pandemic recovery.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That
( 33
min )
Recent hiccups probably won’t derail the firm’s restructuring, but the stock could struggle without further concrete signs of progress—and a healthier China.
( 26
min )
Chip maker Qualcomm will supply Apple with 5G chips for smartphone launches in 2024, 2025, and 2026. Its stock is reversing recent declines.
( 23
min )
The aerospace company announces it will take a $3 billion charge in the third quarter to reflect the costs of fixing some parts on its geared turbofan that powers A320 jets.
( 22
min )
Tech stocks tumbled last week, led lower by shares in Apple. But now the tech giant's stock is rising to start a new trading week.
( 23
min )
J.M. Smucker is buying Hostess for $34.25 a share.
( 22
min )
The aerospace company announces it will take a $3 billion charge in the third quarter to reflect the costs of fixing some parts on its geared turbofan that powers A320 jets.
( 22
min )
Shares of Arlington-based RTX Corp. were down in premarket trading Monday after the company announced that it will take $3 billion pretax charge this quarter tied to its recent disclosure of a rare defect in powdered metal used to make jet engines.
( 18
min )
“It’s messed up. But no way around it.”
( 32
min )
Chip maker Qualcomm will supply Apple with 5G chips for smartphone launches in 2024, 2025, and 2026. Its stock is reversing recent declines.
( 23
min )
FuelCell posts a fiscal third-quarter loss of 6 cents a share on revenue of $25.5 million.
( 22
min )
↗️ Tesla (TLSA): Shares in the electric carmaker rose more than 6% in premarket trading. Morgan Stanley analysts upgraded Tesla’s stock to “buy” from “hold,” citing its efforts to [develop an inhouse supercomputer](https://www.wsj.com/livecoverage/s
( 23
min )
Truist Financial Corp is planning "sizable reductions" to its workforce from the third quarter of 2023 to the first quarter of next year to trim costs, the bank disclosed in a regulatory filing on Monday. The layoffs, part of a larger cost savings program, are expected to save $300 million. Truist, in a presentation to investors, added expense growth in 2024 will be significantly lower than 2023.
( 31
min )
Tech stocks tumbled last week, led lower by shares in Apple. But now the tech giant's stock is rising to start a new trading week.
( 23
min )
Bitcoin started the week below US$26,000 while Ether dropped to US$1,611. Toncoin and XRP lead losers in the last 24 hours.
( 34
min )
Shares of Hostess Brands jump as J.M. Smucker, the food company famous for jams and jellies, is nearing an acquisition of the Twinkies maker for about $4 billion, according to a report from The Wall Street Journal.
( 22
min )
Competitive yields are tough to find in the stock market these days. For investors who aren’t averse to risk, business development companies offer an exception.
( 26
min )
Oil prices are at their highest level this year.
( 26
min )
China's central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the matter said on Monday, at a time when the Chinese currency faces mounting depreciation pressure. Companies that need to purchase $50 million or more will now need approval from the People's Bank of China (PBOC), which convened a meeting with some commercial banks over the weekend on the matter, the sources said. The directive is being issued as the Chinese yuan has declined by about 6% against the U.S. dollar so far this year, falling to levels that were last seen during the 2008 global financial crisis.
( 31
min )
Shares of Tesla are upgraded to Buy from Hold at Morgan Stanley, Alibaba CEO Daniel Zhang is stepping down as head of the company's cloud business, and a report says J.M. Smucker is nearing a deal to buy Hostess Brands for about $4 billion.
( 23
min )
(Bloomberg) -- Investors should focus on a “late-cycle portfolio” of defensive stocks, industrials and energy, according to Morgan Stanley strategists led by Michael Wilson.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesThe Mighty American Consumer Is About to Hit a
( 32
min )
Daniel Zhang was due to stand down as CEO on Sunday to focus on the cloud unit, which is set to be spun off as the company separates into six parts.
( 23
min )
(Bloomberg) -- The recent pullback in US stocks has further to go, according to Wall Street’s most bullish strategist.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesEven Brief UAW Strike Seen Causing Billions in US Economic Damage“Bullishness is relatively high while
( 32
min )
Tesla started production of Dojo in July and plans to spend more than $1 billion through next year. Dojo can open up new addressable markets that "extend well beyond selling vehicles at a fixed price," Morgan Stanley analysts, led by Adam Jonas, said in a note published on Sunday.
( 32
min )
Company flight patterns suggest CEO Calhoun travels infrequently to headquarters from two distant homes, while CFO West occupies a new office five minutes from his Connecticut doorstep.
( 24
min )
(Bloomberg) -- China’s deflationary pressures eased slightly and data expected this week may show a pickup in credit demand, adding to a recent trickle of signs the nation’s economy is stabilizing. Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesBoss of Failed Crypto
( 32
min )
Higher yields and 'duration' math mean further losses, if any, could be much smaller than those investors have already weathered.
( 23
min )
(Bloomberg) -- The yuan climbed from a 16-year low as China started the week on the offense, sending another forceful signal with the reference rate for the managed currency and urging state banks to support it.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesBoss of F
( 32
min )
The company reports August quarter results Monday. The heart of the story remains the boost to its cloud computing business from AI workloads.
( 22
min )
(Bloomberg) -- Hong Kong property stocks suffered their biggest selloff in seven months, hit by disappointing earnings at the city’s top builder and a major bank’s reported plan to raise mortgage rates. Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesBoss of Failed Cr
( 32
min )
(Bloomberg) -- Tesla Inc.’s Dojo supercomputer may add as much as $500 billion to the company’s market value through faster adoption of robotaxis and network services, according to Morgan Stanley.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesEven Brief UAW Strike Se
( 32
min )
A purchase marrying the Twinkies owner with the jelly maker could be finalized by Monday.
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The Hong Kong-listed shares of China's Alibaba Group fell more than 4% on Monday after the surprise departure of outgoing Alibaba CEO Daniel Zhang from the company's cloud computing business. The company announced Zhang's decision to depart the unit in an internal letter to staff seen by Reuters. Zhang had been scheduled to hand over the role of group CEO to Eddie Wu on Sunday.
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There was red ink across the crypto market Monday morning in Asia as Bitcoin dipped below US$26,000. Ether also fell to near the US$16,000 mark.
( 33
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J.M. Smucker is nearing an agreement to buy Twinkies maker Hostess Brands, in a deal that would likely be in the neighbourhood of $4 billion, the Wall Street Journal reported on Sunday, citing sources. Both companies did not immediately respond to Reuters' request for comments outside regular business hours.
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Asia stock markets were softer on Monday ahead of U.S inflation September data this week with investors seeking signals about the Federal Reserve's next likely moves on interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4%, after U.S. stocks ended the previous session with mild gains. Australian shares and Japan's Nikkei stock index both lost 0.25%.
( 32
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(Bloomberg) -- Asian equities may struggle to find traction Monday in a cautious open to trading around the region, while in currency markets the yen was on the front foot following potentially hawkish remarks for the Bank of Japan governor.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBoss of Failed Crypto Exchange Gets 11
( 33
min )
Abbott Cooper said the embattled bank needs a cash infusion from George Norcross and his group of activist investors, who he said would be hurt financially if Republic First collapses.
( 24
min )
(Bloomberg) -- After staving off recession for longer than many thought possible, the US consumer is finally about to crack, according to Bloomberg’s latest Markets Live Pulse survey. Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBoss of Failed Crypto Exchange Gets 11,000-Year SentenceEven Brief UAW Strike Seen Causing Bill
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min )
The maturity date is when a debt comes due and all principal and/or interest must be repaid to creditors.
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Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.
( 18
min )
Sole proprietor business insurance costs, on average, $1,483 per year, $1,191 for general liability only, and $717 for a BOP. Here’s how to find the best deal.
( 21
min )
Betterment and Schwab Intelligent Portfolios have created solid offerings, but Schwab Intelligent Portfolios has lower fees, putting them on top for the win.
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min )
Low-cost carrier JetBlue Airlines on Monday offered to sell off Spirit Airlines' assets at Newark Liberty and Boston Logan airports, as the airline seeks to win regulators' approval for a merger with Spirit.
( 18
min )
Moderna and German biotech firm Immatics announced an agreement to work on development of vaccines and treatments for cancer using the science behind Moderna’s COVID-19 shots.
( 17
min )
U.S. equities gained on Monday, Sept. 11, 2023, with the S&P 500 Index rising 0.7%, amid expectations Fed policymakers might not raise interest rates at their meeting next week.
( 18
min )
You might be better off playing roulette if you don't understand the risks of investing in Russia.
( 28
min )
Learn more about the available options that CareCredit offers to pay for out-of-pocket medical procedures with little to no interest.
( 22
min )
Pratt & Whitney parent RTX said it will take a $3 billion charge as it inspects Pratt & Whitney engines.
( 17
min )
On the surface, Betterment and Fidelity Go share many similarities. However, there are some key differences between Betterment and Fidelity Go that will help you choose the best fit for your money.
( 27
min )
Personal loan rates continued their decline this week, falling to 20.94%, losing just 2 basis points since last week when the average personal loan rate sat at 20.96%.
( 18
min )
Disney restored ESPN, ABC, and other content to Charter Communication’s Spectrum cable after a 10-day blackout following a deal that saw Spectrum customers get access to Disney streaming services.
( 18
min )
No, employer match does not count towards 401(k) limit, however, the IRS does limit total contribution from both the employer and the employee combined.
( 24
min )
A business is bonded if it has a surety bond, a legal contract whereby a surety company assumes liability for a debt or other obligation one business owes to another.
( 24
min )
The income effect and the price effect are both economic concepts that help analysts, economists, and business professionals understand economic trends. Learn the differences between the two and how they can influence financial analysis.
( 20
min )
Paul Samuelson was an economics professor at MIT who received the Nobel Prize in 1970 for his contributions to the field.
( 20
min )
The dividend growth rate is the annualized percentage rate of growth of a particular stock's dividend over time.
( 24
min )
Avantax, a tax-focused financial planning and wealth management, has agreed to be acquired by financial advisor wealth hub, Cetera, in a deal valued at $1.2 billion.
( 18
min )
Bank ratings are grades provided to the public by government agencies and private companies to predict the safety and soundness of financial institutions.
( 23
min )
Qualcomm shares jumped more than 4% after the company said it expects to provide 20% of Apple's smartphone chipsets into 2026 as the iPhone-maker pushes back plans for in-house modem production.
( 17
min )
U.S. equities rose at midday on Monday, Sept. 11, 2023, amid expectations Fed policymakers might not raise interest rates at their meeting next week.
( 17
min )
Smucker, the maker of its namesake jellies, Folgers coffee and other food products, said it would be paying $34.25 per share in cash and stock for Hostess,
( 17
min )
The U.S. government's latest antitrust case against Google could be the biggest in decades, drawing parallels to its showdown with Microsoft in the 1990s, with the potential to drastically alter the internet search market.
( 19
min )
Instacart filed for its much-anticipated initial public offering, which could value the online grocery delivery firm at as much as $9.3 billion.
( 17
min )
One day after hitting a new 22-year high, 30-year mortgage rates retreated dramatically, registering their biggest rate drop in more than three months.
( 19
min )
Katie Stockton, founder and managing partner of Fairlead Strategies, climbs back aboard The Express to share what the most important charts and indicators in the stock market are telling us right now.
( 16
min )
Former Alibaba CEO Daniel Zhang is stepping down from leading its cloud division just two months after announcing he would focus on it, raising concerns about its coming IPO.
( 17
min )
Boeing on Monday said it would sell 50 737-8 Max jets to Vietnam Airlines, a deal valued at $7.8 billion, according to the White House.
( 18
min )
The Federal Reserve report on consumer credit showed that in July, revolving credit grew $9.6 billion, mostly in credit card debt, while consumers also added another $773 million for auto loans and other non-revolving debts.
( 17
min )
The FDIC, one of the federal regulators responsible for overseeing banks, admitted some of its shortcomings contributed to the second-largest bank collapse in U.S. history earlier this year.
( 18
min )
Some experts say the stock market today may be just as vulnerable to a major disruption as on Sept. 11, 2001.
( 22
min )
Learn about the differences between the banking industry and the financial services sector and how to distinguish financial goods from financial services.
( 23
min )
A home insurance inspection may be necessary when buying a home. Learn what one involves and how to prepare for it.
( 21
min )
Quants use computer algorithms based on mathematical models to identify profitable trading opportunities. Learn how much quants make and what they do.
( 24
min )
A month-to-month tenancy is categorized as a periodic tenancy in which the tenant rents from the property owner one month at a time.
( 21
min )
A warehouser's liability form is a document that describes the obligations of a storage facility toward its customers.
( 19
min )
Voluntary life insurance, an optional benefit often offered by employers, is a plan that provides a cash benefit upon the death of the insured.
( 22
min )
Voluntary accidental death and dismemberment insurance (VAD&D) pays cash in the event the policyholder is killed or loses a specific body part.
( 21
min )
Weighted average shares takes into account fluctuations over time in a company's number of outstanding shares.
( 22
min )
In 2014, Warren Buffett announced that he would give whoever could correctly guess every game of the NCAA men’s basketball tournament $1 million a year for life. What are the odds that someone could win the challenge?
( 24
min )
Learn about flexible spending accounts (FSAs), and understand the medical expenses on which an individual cannot use FSA funds, such as teeth whitening.
( 21
min )
Ruim één op de drie online platformen zoals bol.com, Marktplaats en Amazon gebruikt algoritmes om bezoekers te helpen of hun aankoop zelfs te sturen. Minder dan de helft van al deze websites is eerlijk over hoe hun systemen werken.
( 4
min )
Het budget van het Internationale Rode Kruiscomité (ICRC) wordt volgend jaar met ongeveer 13 procent verlaagd, zegt directeur Robert Mardini. Dat komt doordat grote donoren zoals de Verenigde Staten de financiering hebben verlaagd. Het ICRC is een onderdeel van de Rode Kruisbeweging en staat los van bijvoorbeeld het Nederlandse Rode Kruis.
( 4
min )
Het budget van het Rode Kruis wordt volgend jaar met ongeveer 13 procent verlaagd, zegt directeur Robert Mardini. Dat komt doordat grote donoren zoals de Verenigde Staten de financiering hebben verlaagd.
( 4
min )
De Rabobank heeft zijn variabele tarieven voor spaarders verhoogd. Spaarders die tot 20.000 euro bij de bank hebben staan, ontvangen daar vanaf maandag 1,7 procent rente over. Dat was eerst 1,5 procent.
( 3
min )
Ruim 5 procent van de Nederlanders had vorig jaar niet genoeg geld om het huis warm te houden. Dat is een op de twintig huishoudens. Dat meldt het Europese statistiekbureau Eurostat maandag.
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min )
Nederlandse spaarbanken bieden in Duitsland vaak fors hogere rentes aan dan aan spaarders in Nederland. In België liggen de spaarrentes juist veel lager dan bij ons.
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min )
De Europese Commissie heeft de verwachte economische groei van Nederland flink naar beneden bijgesteld voor dit jaar. Door de hoge inflatie in het eerste half jaar hebben huishoudens minder te besteden dan eerder gedacht. Tegelijkertijd liep de export terug.
( 4
min )
Na jaren van ongebreidelde groei trekt betaalbedrijf Mollie nu aan de rem. Er zullen ontslagen vallen, zegt oprichter Adriaan Mol tegen FD.
( 3
min )
De horeca gooit nu 9,2 procent minder voedsel weg dan in 2019, het jaar voor de coronapandemie. Maar het weggegooide eten is nog altijd goed voor bijna 6 procent van de omzet, blijkt uit onderzoek van de Rabobank.
( 4
min )
De A12 is vandaag weer het strijdtoneel van de klimaatactivisten van Extinction Rebellion. Dit soort acties winnen aan populariteit in Nederland, zien experts. Kritisch burgerschap en activisme zitten in de lift. "Er is veel om ontevreden over te zijn."
( 5
min )
Ondanks de grote populariteit van fatbikes onder dieven, schrikt dat de eerlijke koper niet af, blijkt uit een rondgang van NU.nl onder fietsenwinkels. Wel is de consument bij de aanschaf steeds geïnteresseerder in hoe je de fatbike het best beschermt.
( 5
min )
Veel winkeliers hebben nog steeds veel moeite om genoeg medewerkers te vinden. Zo bleek uit een recente peiling van vereniging INretail dat 60 procent van de retailers zijn personele bezetting niet rondkrijgt. Ook de horeca heeft grote problemen.
( 5
min )
U.S. Treasury bills (T-bills) are sold at auction, typically at a discount from their par value. The maturity length and the discount are used to determine the interest rate.
( 21
min )
The Automated Clearing House (ACH) is an electronic funds-transfer system run by the former National Automated Clearing House Association (NACHA), now known as Nacha.
( 24
min )
Find out how factor endowments – namely labor, land and capital – affect a country's comparative advantage and how that advantage can change over time.
( 22
min )
Learn how most financial institutions calculate interest on lines of credit by using the average daily balance method and periodic rates.
( 20
min )
Here is a brief intro to the complex U.S. tax rules governing call and put options with examples of some common scenarios.
( 25
min )
Look-through earnings are based on the concept that a firm's value is ultimately determined by how retained earnings are invested in future years by the firm to produce more earnings.
( 24
min )
Freeganism is an alternative philosophy of living, based on minimal participation in capitalism and limited consumption of resources.
( 21
min )
Economic justice is a concept aimed at providing avenues to financial prosperity to individuals who have been marginalized in an economy.
( 22
min )
The employment-to-population ratio measures the number of workers currently employed against the total working-age population of a region.
( 21
min )
A market economy is a system of voluntary economic exchanges guided by the decisions of many private individuals rather than government orders.
( 22
min )
Chicago School is an economic school of thought founded in the 1930s that promoted the virtues of free-market principles to better society.
( 19
min )
The base effect is the effect that the choice of a reference point when comparing two data points can have on the result of the comparison.
( 20
min )
Read about the two-way correlation between the total amount of money circulating in the economy and gross domestic product (GDP).
( 20
min )
Condemnation is when a government orders a dwelling, building, or other property to be vacated and kept vacant.
( 24
min )
A Certified Commercial Investment Member (CCIM) is a recognized expert in the disciplines of commercial and investment real estate.
( 19
min )
Hyperinflation can make a $1,000 bill look like chump change.
( 19
min )
Here's how dividend stocks can make you rich, but you have to be patient.
( 21
min )
A voluntary export restraint (VER) is a trade restriction on the quantity of a good that an exporting country is allowed to export to another.
( 19
min )
An economic shock is an event that occurs outside of an economic model that produces a significant change within an economy.
( 21
min )
The statutory debt limit, also called the debt ceiling, is the limit to the amount that the U.S. Treasury can borrow to meet its obligations. Learn how it works.
( 24
min )
The Balassa-Samuelson Effect is a pattern wherein countries with high productivity and wage growth also experience higher real exchange rates.
( 19
min )
Investing in startups is a very risky business but can reward investors greatly if and when they do pay off.
( 24
min )
The gambler's fallacy is an erroneous belief that a random event is less or more likely to happen based on the results from a previous series of events.
( 23
min )
Student loan debt reached $1.63 trillion in 2023 and the Supreme Court has taken steps to prevent it from being eliminated. Here's who owes what and why.
( 26
min )
Personal Financial Specialist (PFS) is a specialty credential for CPAs who are experts at helping individuals with all aspects of wealth management.
( 22
min )
The financial crisis of 2008 and the Great Recession that followed is still fresh in many investors' memories. Learn about investing during times like these.
( 22
min )
Locus Sigilli, Latin for the place of the seal, denotes the area on a contract where the seal is to be affixed.
( 19
min )
While many COVID relief measures have expired, some remain in place.
( 41
min )
A settlement bank is the last bank to receive and report the settlement of a transaction between two entities.
( 20
min )
The Government Securities Clearing Corporation was a non-profit organization that clears and nets U.S. government securities and agency debt securities.
( 19
min )
A safe deposit box (or safety deposit box) is an individually secured container that stays in the safe or vault of a federally insured bank or credit union.
( 23
min )
Employers expect health benefit costs could rise an average of 5.4% per employee next year, a survey by Mercer found.
( 16
min )
New York City is enforcing a host registration law to eliminate illegal short-term rentals.
( 18
min )
Companies ranging from tech giant Microsoft to Shopify, H&M, and payments company Stripe are investing millions of dollars on carbon removal, the process of extracting carbon dioxide from the atmosphere.
( 20
min )
The last mile refers to the short geographical segment of delivery of communication and media services or delivery to customers in dense areas.
( 20
min )
Learn about the differences between prime costs and conversion costs, and how each type is used in business operations.
( 20
min )
Certified Credit Executive (CCE) is a professional designation issued by the National Association of Credit Management (NACM).
( 19
min )
With the Federal Reserve having raised short-term fed fund rates 11 times over the past 18 months, bringing them to a range between 5.25% and 5.5% – their highest levels in 22 years – these aggressive actions are yielding results. Inflation has continued to cool down throughout this year, with the annual growth of the consumer price index falling to 3% in June, marking its lowest point since March 2021. However, despite these positive outcomes, billionaire investor Howard Marks is sounding a war
( 35
min )
(Bloomberg) -- Short sellers are raking in profits by betting against a part of the US equity market overlooked by most investors: small-cap stocks. Most Read from BloombergIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBoss of Failed Crypto Exchange Gets 11,000-Year SentenceTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsThe
( 33
min )
Oil prices hit their highest levels in 2023 last week following an announcement by Saudi Arabia and Russia that they would deepen their previously announced oil production cuts.
( 32
min )
Tesla, which has fought off organized labor, faces traditional automakers pushing aggressively into electric vehicles.
( 33
min )
The Consumer Price Index is expected to be up 3.6%. Results from Oracle, Adobe, and Lennar. And a policy decision from the European Central Bank.
( 23
min )
(Bloomberg) -- Alibaba Group Holding Ltd.’s former chief executive Daniel Zhang has resigned his post as head of its cloud business, completing his exit as new leadership takes the helm of China’s largest e-commerce company.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceIndia’s G-20 Win Shows US Learning How to Counter China’s RiseWall Street Fears a Too-Hot Economy as Recession Bets PlungeCalifornia Shows an Electric-Car Uprising Headed for the USEverything Appl
( 31
min )
Here is your Pro Recap of 4 head-turning deal dispatches you may have missed this past week: deals at Enbridge and Dominion Energy, WestRock and Smurfit Kappa, NextGen Healthcare and Thoma Bravo, and potential sale of Alteryx. Enbridge (NYSE:ENB) agreed to acquire EOG, Questar, and PSNC from Dominion Energy (NYSE:D) at a combined value of $14 billion, which includes $9.4B cash and $4.6B of assumed debt, as reported in real time on InvestingPro.
( 32
min )
Alibaba Group said on Sunday that Daniel Zhang will step down as chairman and chief executive officer of its cloud business. Zhang had previously been concurrently serving in three roles, heading the group as well as its cloud unit. He handed over the role of the group's CEO to Eddie Wu on Sunday, who will also take charge of the cloud unit after Zhang's departure.
( 31
min )
Americans are taking advantage of high interest rates to invest more in fixed-income assets like bonds or CDs, but experts warn of higher taxes ahead.
( 33
min )
A court setback for the SEC has narrowed the discount on Grayscale Bitcoin Trust shares, making the price of the underlying asset more important.
( 27
min )
The kingdom is looking to invest $15 billion in mining assets globally, while the U.S. is seeking to counter China’s supply-chain dominance.
( 29
min )
Trump’s return to mainstream social-media platforms Facebook and X has erased a key strength of the smaller platform popular with conservatives.
( 29
min )
Stock advances have surprised many investors, partly because expectations for company earnings hadn’t kept up.
( 26
min )
More and more young people are seeing a skilled trade as a desirable career – maybe they’re on to something
( 32
min )
(Bloomberg) -- Traders in the $325 billion industry for emerging-market exchange-traded funds are shifting cash toward strategies that focus on brighter spots in the developing world as China’s economy stumbles.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsWall Street Fears a Too-Hot Economy as Recession Bets PlungeUS, EU Agree on Mid
( 33
min )
The Swiss National Bank nearly doubled investments in electric-vehicle makers Rivian and Lucis, and sold Apple and GM stock in the second quarter.
( 23
min )
(Bloomberg) -- The S&P 500 Index’s surprise 16% rally this year is rewarding traders who bought in early and punishing those who’ve remained skeptical. But fear of a downturn remains.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsWall Street Fears a Too-Hot Economy as Recession Bets PlungeUS, EU Agree on Mideast-India Rail and Shipping
( 33
min )
The moment that Bill Gates turned from boy wonder geek to ruthless capitalist symbol is easy to pinpoint: it was captured on camera.
( 35
min )
Let’s talk about electric vehicles, EVs. Electrically powered cars are not a new concept – they’ve been around since the earliest days of the automobile. But in the past decade, several factors have combined to make them more competitive with the industry-standard internal combustion engine. Chief among these factors are improving battery technology, with reductions in weight and improvements in power and range, and reduced cost as manufacturers ramp production up to scale. Globally, EV makers a
( 35
min )
Even the wealthy borrow, and Martha Stewart, Carl Icahn and Ron Perelman go to Bank of America’s Jane Heller when they need to.
( 22
min )
With the shale boom’s end in sight, some companies are trying to impress Wall Street by eking out growth—and drilling ever deeper.
( 22
min )
GM, Ford and Stellantis want to use profits for their EV transition. Workers want a more than 40% pay increase.
( 28
min )
The central bank is likely to pause rate increases in September, then take a harder look at whether more are needed.
( 26
min )
(Bloomberg) -- Problems are stacking up for Europe’s hottest sector.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS, EU Agree on Mideast-India Rail and Shipping Corridor at G-20Ex-Google CEO Eric Schmidt Scraps $67.6 Million Purchase of Abandoned SuperyachtA warning from the chairman of Cartier-owner Richemont that stubborn inflation
( 34
min )
Analysts are raising their forecasts for earnings of companies whose products people buy when they have money left over after buying essentials.
( 22
min )
Kroger and Albertsons will sell 413 stores to C&S Wholesale Grocers in connection with a proposed $24.6 billion merger announced last October.,
( 32
min )
Working longer is good for your health as well as your finances.
( 22
min )
Earnings from summer jobs can be invested for decades of tax-free growth.
( 25
min )
Het verzuim in Nederland is in het eerste half jaar van 2023 gedaald ten opzichte van vorig jaar. Dat is voor het eerst sinds 2016, blijkt uit cijfers van statistiekbureau CBS.
( 3
min )
Stijgende benzinekosten en lange files zijn allemaal goede redenen om met meer mensen in een auto te stappen. Maar is de bestuurder wel goed verzekerd voor het geval datg er iets misgaat? Drie vragen over de inzittendenverzekering.
( 5
min )
Het Internationaal Monetair Fonds (IMF) en de Wereldbank hebben samen met enkele wereldleiders Marokko financiële hulp beloofd. Het land is vrijdagavond getroffen door een grote aardbeving. Bij de aardschok in de regio rond Marrakesh zijn zeker tweeduizend mensen omgekomen.
( 3
min )
Het Internationaal Monetair Fonds (IMF) en de Wereldbank hebben samen met enkele wereldleiders financiële hulp beloofd aan Marokko vanwege de aardbeving. Bij de aardschok in de regio rond Marrakesh zijn zeker tweeduizend mensen omgekomen.
( 3
min )
Vluchten, overnachtingen en busreizen: alle vakanties zijn het afgelopen jaar duurder geworden. Gaan de prijzen ooit weer zakken? En is het nog steeds voordeliger om buiten het seizoen op vakantie te gaan?
( 4
min )
Vluchten, overnachtingen en busreizen: alle vakanties zijn het afgelopen jaar duurder geworden. Gaan de prijzen ooit weer zakken? En is het nog steeds voordeliger om buiten het seizoen op vakantie te gaan?
( 4
min )
De zon schijnt, het waait lekker: hoog tijd om snel je auto op te laden en een was te draaien. Naast een vast en variabel energiecontract kun je bij steeds meer aanbieders een dynamisch energiecontract afsluiten. Voor wie is dat gunstig?
( 3
min )
International bonds are usually securities issued in one country but bought by an investor residing in another country and using its local currency.
( 21
min )
A digital asset is anything in digital form with value, ownership, and usage rights. Learn more about digital assets, how they evolved, and what they mean.
( 21
min )
An uberrimae fidei is a legal principle in certain contracts, such as insurance, requiring the highest standard of good faith during disclosure.
( 19
min )
Student loan forgiveness programs can provide financial relief for teachers who took out education debt to pay for college.
( 24
min )
Short selling is a way to profit from a stock whose price the investor expects to fall.
( 25
min )
G20 leaders reached a consensus on a joint statement covering a wide range of economic issues at their summit in Delhi, after compromising on language related to Russia's invasion of Ukraine.
( 17
min )
Understand the argument that the repeal of the Glass-Steagall Act caused the 2008 financial crisis, and learn why the argument may not be valid.
( 22
min )
Discover why Warren Buffett found Coca-Cola an attractive stock in 1987 and why it's still a top holding in the Berkshire Hathaway portfolio.
( 25
min )
Sunshine laws are regulations requiring openness in business or government operations.
( 19
min )
Paying student loan interest during school will help you start your adult life with less debt. But it's not always the best decision.
( 26
min )
The Tax Reform Act of 1986 is a law passed by Congress that reduced the maximum rate on ordinary income and raised the tax rate on long-term capital gains.
( 20
min )
A JD degree or Juris Doctor is the highest law degree in the U.S. Learn the requirements for a JD degree, along with lawyer job outlook and salary.
( 23
min )
In economics, shock therapy theorizes that sudden, dramatic changes in national economic policy can turn a state-controlled economy into a free-market economy.
( 19
min )
Currency in circulation refers to notes, coins, or any other physical forms of money that are used in transactions between buyers and sellers.
( 19
min )
The Saving on a Valuable Education (SAVE) plan is an income-driven repayment (IDR) plan introduced by the U.S. Department of Education and replaces the Revised Pay As You Earn (REPAYE) plan.
( 24
min )
A default happens when a borrower fails to make required payments on a debt, whether of interest or principal. Find out what the consequences of default are.
( 27
min )
More ETFs raised fees than lowered them in the first half of 2023, signaling the days of continually falling ETFs may have ended.
( 18
min )
Kroger (KR) shares surged Friday after the supermarket chain posted higher-than-expected earnings for the second quarter, settled claims from an opioid lawsuit, and sold more than 400 stores to win approval for a merger.
( 18
min )
OpenAI co-founder and CEO Sam Altman was the first to be granted a golden visa from Indonesia, joining other wealthy American tech moguls in paying for the benefits of additional visas or citizenships.
( 20
min )
Widening of conference regions may strengthen local economies where the teams play, Wells Fargo, Fed research show.
( 18
min )
Lintner's model is a model proposed by John Lintner from Harvard University for corporate dividend policy.
( 19
min )
Discover how the now-defunct Soviet economic system affected domestic consumer goods markets. Learn more about how the Soviet government produced goods for consumers.
( 23
min )
The American Academy of Financial Management was a globally recognized academic institution that issued a number of credentials and designations.
( 19
min )
Bernie Sanders did not become the Democratic presidential nominee for 2020, but his economic plan still raises many important points and addresses ongoing issues.
( 32
min )
An economic growth rate is the percentage change in the value of all of the goods and services produced in a nation during a specific period of time, as compared to an earlier period.
( 20
min )
Protect your and your family's teeth now and prevent problems down the road with affordable dental benefits. Learn what dental insurance does and doesn't cover.
( 25
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The Foreign Corrupt Practices Act (FCPA) is a U.S. law that prohibits the payment of bribes to foreign officials to further business deals.
( 21
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Systemic risk is the possibility that an event at the company level could trigger severe instability or collapse in an entire industry or economy.
( 19
min )
Eli Lilly and Co. (LLY) shares have soared, rallying 60% in 2023. Heavy unusual demand for the stock is powering this uptrend.
( 32
min )
Oracle Corp. (ORCL) shares are racing higher in 2023, up 55%. Heavy unusual demand for the stock is powering this uptrend.
( 32
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(Bloomberg) -- Bond traders have been ratcheting up bets that the Federal Reserve isn’t done with its interest-rate hikes just yet. Next week will help determine if they’re right. Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS, EU Agree on Mideast-India Rail and Shipping Corridor at G-20California Shows an Electric-Car Uprising Headed for the USEx-Google CEO Eric Schmidt Scraps $67.6 Millio
( 33
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A meat processing company in Minnesota on Friday agreed to pay $300,000 in penalties after an investigation found it employed children as young as 13 to work in hazardous conditions, such as operating meat grinders, while they worked overnight shifts and longer hours than allowed by law. Tony Downs Food Company, based in Mankato, also agreed to obey child labor laws and hire a compliance specialist as part of a consent order with the Minnesota Department of Labor and Industry. “In this case, Tony Downs has agreed to take important steps to prevent child labor violations,” department Commissioner Nicole Blissenbach said in a statement.
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Short selling is a way to profit from a stock whose price the investor expects to fall.
( 25
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(Bloomberg) -- As the odds of a recession collapse on Wall Street, markets are back to being vulnerable to any sign that the US economy is running too hot.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS, EU Agree on Mideast-India Rail and Shipping Corridor at G-20California Shows an Electric-Car Uprising Headed for the USEx-Google CEO Eric Schmidt Scraps $67.6 Million Purchase of Abandoned S
( 34
min )
American Airlines and some aviation unions say carrier is exploiting a regulatory loophole. JSX is pushing back, saying rivals can’t handle the competition.
( 23
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Net unrealized appreciation (NUA) is a tax strategy that can allow you to shift a portion of your retirement account from income taxes to the special, much lower, capital gains tax rate. When successful, it significantly lowers the taxes you pay in retirement. To do this, you must have an employer-sponsored retirement plan that contains […] The post How Is Net Unrealized Appreciation (NUA) Taxed? appeared first on SmartReads by SmartAsset.
( 34
min )
GOP presidential hopeful brought the same swagger to his business
career as he has to his Republican primary campaign.
( 26
min )
Large, export-dependent economies from China to Germany are the main losers from the new trend.
( 27
min )
About 146,000 U.S. auto workers are set to go on strike this week if General Motors, Ford and Stellantis fail to meet their demands for big pay raises and the restoration of concessions the workers made years ago when the companies were in financial trouble. Shawn Fain, the combative president of the United Auto Workers union, has threatened to strike any of the three companies that hasn't reached an agreement by the time its contract with the union expires at 11:59 p.m. Eastern time Thursday.
( 36
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In an attempt to reboot the global economy, central banks slashed interest rates to almost zero, resulting in an era of cheap money. First, it incentivized investors to fund promising (and, in many cases, not so promising) young tech companies. Over the past decade, a dizzying array of challenger banks, e-money services, digital wallets, and more have managed to claw market share away from the legacy incumbents.
( 36
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The state’s retirement fund staff are among the country’s highest-paid state employees.
( 26
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One of France’s biggest banks has told clients to move money out of the eurozone and back Britain.
( 32
min )
(Bloomberg) -- Eleven interest-rate hikes by the Federal Reserve have done little to break the gambling fever gripping the US stock market.Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USUS Probes Made-in-China Chip as Tensions Flare Over TechnologyEx-Google CEO Eric Schmidt Scraps $67.6 Million Purchase of Abandoned SuperyachtIn episod
( 32
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More ETFs raised fees than lowered them in the first half of 2023, signaling the days of continually falling ETFs may have ended.
( 19
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"I couldn't keep building someone else's dream," she says.
( 31
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A preliminary $9.5-million settlement has been reached in a class-action lawsuit over the Magic Key program at Disneyland. More than 100,000 people will receive payouts.
( 31
min )
New research shows that three out of 10 workers who got bigger roles at work wound up leaving within a month. The same wasn’t true for people who stayed in their old roles.
( 34
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Cooling demand for workers could help achieve a soft landing—lower inflation without a recession.
( 25
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(Bloomberg) -- When crude surges above $90 a barrel and the leaders of Saudi Arabia and Russia get on the phone to congratulate each other on a job well done, oil consumers should take note. Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USUS Probes Made-in-China Chip as Tensions Flare Over TechnologyEx-Google CEO Eric Schmidt Scraps $67
( 35
min )
Preferred stocks—high-yielding hybrids with characteristics of both stocks and bonds—are an attractive alternative to bonds.
( 23
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For a startup company, there aren't too many things more exciting than progressing to the point where it can make an initial public offering (IPO). But seeing the shares surge over 600% in the first day of trading and having the biggest IPO of 2023 might match that excitement. That's what happened to golf club maker Sacks-Parente Golf Inc., which blew the roof off of Wall Street with its August IPO. Don't Miss: Until 2016 it was illegal for retail investors to invest in high-growth startups. Tha
( 32
min )
China's consumer prices returned to positive territory in August while factory-gate price declines slowed, data showed on Saturday, as deflationary pressures eased amid signs of stabilisation in the economy. The consumer price index (CPI) rose 0.1% in August from a year earlier, the National Bureau of Statistics said, slower than the median estimate for a 0.2% increase in a Reuters poll. CPI fell 0.3% year-on-year in July.
( 30
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(Bloomberg) -- A record stock-market valuation and surging foreign inflows make for a great backdrop as Prime Minister Narendra Modi looks to tout India’s growing prominence to world leaders at this weekend’s Group of 20 summit in New Delhi.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS, EU Agree on Mideast-India Rail and Shipping C
( 33
min )
Fabrikant van straalmotoren CFM International meldt dat 68 van zijn motoren vervalste onderdelen van het louche Britse bedrijf AOG Technics bevatten. Het gaat om CFM56-motoren die gemonteerd zijn op type vliegtuigen die het grootste deel uitmaken van de mondiale vloot.
( 4
min )
De A12 is vandaag weer het strijdtoneel van de klimaatactivisten van Extinction Rebellion. Dit soort acties winnen aan populariteit in Nederland, zien experts. Kritisch burgerschap en activisme zitten in de lift. "Er is veel om ontevreden over te zijn."
( 5
min )
Ondanks de grote populariteit van fatbikes onder dieven, schrikt dat de eerlijke koper niet af, blijkt uit een rondgang van NU.nl onder fietsenwinkels. Wel is de consument bij de aanschaf steeds geïnteresseerder in hoe je de fatbike het best beschermt.
( 4
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Fabrikant van straalmotoren CFM International meldt dat 68 van zijn motoren vervalste onderdelen van het louche Britse bedrijf AOG Technics bevatten. Het gaat om CFM56-motoren die gemonteerd zijn op type vliegtuigen die het grootste deel uitmaken van de mondiale vloot.
( 4
min )
De Afrikaanse Unie is zaterdag toegetreden als permanent lid van de G20. Dat hebben de G20-landen besloten tijdens een top dit weekend.
( 5
min )
Premier Narendra Modi van India heeft zaterdag de Afrikaanse Unie gevraagd om permanent lid te worden van de G20.
( 4
min )
Consider applying for long-term care insurance sooner than you'll need it, possibly in your mid-50s. If you wait too long, premiums can be much higher or you may be denied.
( 22
min )
CIVETS is an investing acronym for Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa, nations seen as rising emerging markets in the late 2000s.
( 22
min )
You don't need a big deposit to earn one of today's record CD rates. These nation-leading CDs have very low or even no minimum deposit required.
( 17
min )
Apple (AAPL) shares had a rough week, tumbling almost 6% and dragging down a number of popular ETFs that are heavily exposed to the world's most valuable company.
( 17
min )
In finance, the term laddering is used in a variety of ways depending on the industry. A common usage relates to bond ladders for retirement income.
( 24
min )
American household net worth increased in the second quarter of 2023 with stock and real estate assets making gains.
( 17
min )
U.S. equities rose, with the S&P 500 gaining 0.1% on Sept. 8, 2023 to snap a three-day losing streak, as tech stocks rebounded.
( 17
min )
An accountant is a certified financial professional who performs functions such as audits or financial statement analysis according to prescribed methods.
( 21
min )
A Bitcoin ETF is like a mutual fund, but the intent is to track Bitcoin's price and trade on an exchange. Learn about these new types of ETFs.
( 22
min )
"Agency MBS Purchase" typically refers to the U.S. Federal Reserve's policy of purchasing certain government-backed securities.
( 21
min )
US equities gained, with the S&P 500 Index gaining 0.1% on Sept. 8, 2023, snapping a three-day losing streak, as concerns about interest rates and US-China tensions eased.
( 16
min )
Nasdaq Inc. said Friday the Securities and Exchange Commission has given it permission to launch the first-ever exchange AI-powered order type, called Dynamic Midpoint Extended Life Order (M-ELO).
( 16
min )
Among the IRS’s new initiative, the agency plans to contact about 1,600 taxpayers earning $1 million or more who owe hundreds of millions of dollars in taxes.
( 18
min )
Find out how the underground or shadow economy can affect the accuracy of the calculation of a country's gross domestic product (GDP).
( 19
min )
College students’ streaming subscriptions are no exception to the trend of rising prices, as many popular streaming platforms recently lifted prices for their discounted student plans.
( 18
min )
Block's Square and Cash App payment systems suffered an outage Thursday that left customers unable to access accounts, sending the parent company's stock down more than 5% Friday.
( 17
min )
Principal is money lent to a borrower or put into an investment. It can also refer to a private company’s owner or the chief participant in a deal.
( 25
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Those TurboTax commercials touting “free free free” tax filing were false false false for most taxpayers, a judge ruled this week.
( 18
min )
A risk-adjusted return accounts for the riskiness of an investment compared to the risk-free rate of return.
( 22
min )
If you have exhausted all other avenues, a hardship withdrawal may be worth considering.
( 28
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Social Security retirement benefits are often used to supplement other income in retirement. However, some people live on Social Security alone. Here's how it can work.
( 25
min )
Reports of a Chinese government ban on Apple's iPhone have sent the stock lower and some of its suppliers are hurting too.
( 17
min )
Once you’re actually retired, consider these strategies to minimize taxes on your income
( 25
min )
Annuities and bonds are two choices for investors seeking a steady income in retirement. Explore key differences in risks, costs, potential returns.
( 25
min )
Other post-employment benefits are benefits other than pensions that employers provide to retired workers. They can include life and health insurance.
( 23
min )
If you're saving for retirement, you have several strategies to choose from. The best retirement plans are typically tax-advantaged accounts like 401(k)s and IRAs.
( 31
min )
High-end furnishings retailer RH warned that elevated mortgage rates will crimp the luxury housing market and hurt its sales.
( 17
min )
As of early September, federal student loan borrowers had resumed making payments at the same level as before the pandemic struck, ahead of the October deadline for required payments to resume.
( 17
min )
Joining the heated AI race, Ant Group's LLMs can be used in finance-related services such as wealth management, market analysis, and investor education.
( 17
min )
Priced out is a term used to describe buyers who cannot or will not pay the current market price for a good.
( 23
min )
U.S. equities advanced at midday on Friday, Sept. 8, with the S&P 500 set to snap its 3-day losing streak, as lower bond yields took some pressure off battered tech stocks.
( 16
min )
First Republic Bank’s CD rates are relatively high, but they have a high minimum balance requirement as well. Learn more and see if First Republic is right for you.
( 21
min )
Several Federal Reserve officials said the interest rates were high enough at the moment, but unless inflation slowed down even further, more hikes could be needed.
( 18
min )
DocuSign exceeded profit and sales estimates and boosted its outlook, but warned about macroeconomic pressures. It attributed the positive results to last year's restructuring.
( 16
min )
An automatic transfer of funds is a standing banking arrangement involving transfers from a customer's account are made on a regular, periodic basis.
( 21
min )
The federal funds rate is the target interest rate set by the Fed at which commercial banks borrow and lend their extra reserves to one another overnight.
( 27
min )
Disputes over pay and other conditions led to strikes at Chevron's Australian LNG facilities responsible for over 5% of global supply.
( 17
min )
Here's a description of a day in the life of a junior financial analyst.
( 24
min )
The companies will build linguistically diverse generative AI applications for 450 million Reliance Jio Infocomm customers across India amid mounting geopolitical tension between the U.S. and China.
( 17
min )
The deferment period is an agreed-upon time during which a borrower does not have to pay interest or principal on a loan, such as with a student loan.
( 22
min )
Monetary policy impacts every asset class, and investors commonly structure their portfolios to benefit from and absorb economic policy changes.
( 21
min )
The unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work.
( 32
min )
The tampon tax refers to the tax imposed on menstrual hygiene products by various national, state, and local governments across the globe, including in the U.S.
( 22
min )
Global leaders are expected to discuss the war in Ukraine and standards to regulate cryptocurrencies at the 2023 G20 Summit in India.
( 18
min )
Recessions are a persistent downturn in economic activity. Here we look at the causes and effects of major U.S. recessions since the Great Depression.
( 32
min )
Consumers with super-prime credit are considered to have excellent credit and pose the least risk to lenders and creditors.
( 25
min )
A twit pitch is a slang term used to describe a variation of an elevator pitch.
( 20
min )
Coincheck is a Tokyo-based cryptocurrency exchange and digital wallet founded in 2012.
( 22
min )
Dental insurance typically doesn't cover cosmetic procedures, including teeth whitening, Learn what is covered and what your options are when paying for whitening.
( 22
min )
In 2000, the failure to reach a new record high was followed by a 40% drop.
( 23
min )
WDC sold its Milpitas campus. It has some good reasons for raising cash.
( 22
min )
China’s order for officials to avoid using IPhones shouldn’t hurt Apple’s stock, says Evercore ISI.
( 23
min )
We performed a screening of large-cap ETFs - defined as having Assets Under Management (AUM) over $10 billion - to determine what funds had the largest change in net assets on the week, according to data from etfdb.com. Only non-leveraged funds were considered. Winners Vanguard S&P 500 ETF (NYSEARCA: VOO) VOO added $3.49 billion in net assets over the trailing week. The Vanguard S&P 500 ETF invests in stocks in the S&P 500 Index, representing 500 of the largest U.S. companies. Its goal is to clo
( 33
min )
The dating app told employees last month they had to work from an office twice a week.
( 29
min )
Guyana's meteoric rise as a significant oil producer is reshaping global energy markets, challenging OPEC Plus's dominance, and bolstering its economy.
( 34
min )
Kraft Heinz, Kellogg, General Mills, and other leading snack makers could serve up gains of 20% or more. Their healthy dividends are a plus.
( 23
min )
Whether or not Ripple violated securities law in making XRP available to retail investors by putting it on crypto exchanges is absolutely a question that needs appeals court intervention, the U.S. Securities and Exchange Commission (SEC) argued Friday.
( 32
min )
Just months after leaving the White House in 2021, Jared Kushner secured a $2 billion investment from a Saudi crown prince-led fund, despite objections from the fund’s advisers about the deal. A panel that screens investments for the Saudi sovereign wealth fund expressed concerns about Kushner’s new private equity firm, Affinity Partners. According to The New York Times, they cited issues like the firm’s inexperience, the possibility of the kingdom bearing most of the investment risk, unsatisfac
( 32
min )
Throughout 2022, consumer staples were a safe haven for investors seeking refuge from market volatility and high inflation.
( 23
min )
Apple stock dropped more than 6% over Wednesday and Thursday. Scary, but shares are at support now. That's good for near-term trading.
( 22
min )
(Bloomberg) -- People on Wall Street have taken potshots at tech stocks all year. Surging valuations and elevated interest rates doom them. Earnings forecasts are a fantasy. Regulators are set to break up their sprawling monopolies. Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USUS Probes Made-in-China Chip as Tensions Flare Over Techn
( 34
min )
(Bloomberg) -- Argentina was ordered to pay at least $8.4 billion in damages and $7.6 billion in interest in a US lawsuit over its 2012 re-nationalization of state oil company YPF SA, a sharp blow as the Latin American country’s financial situation has grown increasingly precarious.Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS Probes Made-in-China Chip as Tensions Flare Over TechnologyBoss of Failed Crypto Exchange Gets 11,000-Year SentenceHong
( 32
min )
Rampant inflation has been a pressing issue for both the U.S. government and the Federal Reserve. President Biden signed the Inflation Reduction Act into law over a year ago, while the Fed has raised interest rates aggressively to stabilize price levels. But according to Peter Schiff, CEO and chief global strategist at Euro Pacific Capital, these measures have not been effective. “Bidenomics and Fed rate hikes have both failed,” he said in a recent post on X, formerly known as Twitter. Don’t Mis
( 33
min )
The tech stock rally seen for most of the year has been taking a bit of a breather lately. However, considering the huge strides made by the big tech names in 2023, that hasn’t stopped market prognosticators from pondering whether we are entering an AI-fueled tech bubble. So, are we? Well, not according to Peter Oppenheimer, chief global equity strategist at Goldman Sachs. “Current valuations in the technology sector are not as stretched as in previous bubble periods and the ‘early winners’ that
( 35
min )
UPS will likely match FedEx’s rate moves unless labor cost pressures force its hand. The post FedEx keeps rate, surcharge increases relatively modest for ’24 appeared first on FreightWaves.
( 33
min )
The next few days will bring a new iPhone, a federal trial against Google, and the year’s largest IPO—from Arm Holdings.
( 23
min )
Britain’s two busiest airports have detected the crumbling concrete that triggered a political crisis and forced the closure of hundreds of schools.
( 55
min )
The United Auto Workers union on Friday rejected wage and benefit offers from all three Detroit automakers, raising tensions just six days before a strike deadline for 146,000 employees. Union President Shawn Fain told workers in a Facebook Live appearance that he filed proposals from Ford, General Motors and Stellantis in a wastebasket. Negotiations are continuing through the weekend, but Fain warned that if there aren't agreements by 11:59 p.m. Thursday “there will be a strike at all three if need be.”
( 33
min )
Walgreens has agreed to pay $44 million to settle a class-action lawsuit from customers who sued after submitting to faulty blood tests conducted by Theranos.
( 32
min )
Retailers, coffee shops and others said they were losing business because they were unable to process credit-card payments.
( 26
min )
New York Attorney General Letitia James escalated her civil fraud allegations against former President Donald Trump in a new court filing.
( 26
min )
Investors in PennyMac’s fixed-to-floating-rate preferred shares probably didn’t expect the REIT to adhere strictly to the contract when Libor ceased to exist.
( 23
min )
(Bloomberg) -- Bank of America rates strategists abandoned their recommendation to be tactically long 10-year Treasury notes, seeing risk that US economic resilience could drive the yield to 4.75%.Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS Probes Made-in-China Chip as Tensions Flare Over TechnologyHong Kong to Ease Shutdown After Record Rain Overwhelms CityBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-C
( 32
min )
Biocept Inc (NASDAQ: BIOC) shares are trading higher after the company signed a non-exclusive licensing agreement for CNSide with Plus Therapeutics Inc (NASDAQ: PSTV), which expands the comprehensive laboratory services agreement between the two companies that was announced in June 2022. Benzinga exclusively broke the story. Plus Therapeutics is using CNSide in a clinical trial with their targeted radiotherapeutic to treat patients with carcinomas and/or melanomas with suspected leptomeningeal m
( 31
min )
(Bloomberg) -- Kroger Co. rose the most in six months after agreeing to sell 413 stores to C&S Wholesale Grocers in a divestiture designed to help win antitrust approval for its $24.6 billion merger with Albertsons Cos.Most Read from BloombergHong Kong to Ease Shutdown After Record Rain Overwhelms CityUS Probes Made-in-China Chip as Tensions Flare Over TechnologyApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsBoss
( 34
min )
A House panel has passed a bill that would temporarily expand the standard tax deduction used by the majority of taxpayers by $2,000 per person for the next two years. The Tax Cuts for Working Families Act (H.R.3936) recently approved by … Continue reading → The post Temporary Tax Plan Could Boost Your Standard Deduction By Up to $4,000 appeared first on SmartAsset Blog.
( 32
min )
Grocers Kroger and Albertsons are selling more than 400 stores and other assets to C&S Wholesale Grocers in an approximately $1.9 billion deal as part of their efforts to complete their merger. Kroger will also divest the Debi Lilly Design, Primo Taglio, Open Nature, ReadyMeals and Waterfront Bistro private label brands. Kroger and Albertsons agreed to merge in October.
( 32
min )
Shares of VinFast fell early Friday, extending some of the steep losses seen since a run-up that made the EV company one of the world's most highly valued automakers.
VinFast stock was recently down about 3%. It closed Thursday at $17.99, off substantially from its high just above $82 on Aug. 28.
( 23
min )
Adobe upgraded, DigitalOcean double downgraded: Wall Street's top analyst calls
( 34
min )
The best investors will often tell you that one vital ingredient for stock market success is an overlooked and underappreciated one: patience. With this year’s bull market appearing to stall, billionaire stock picker Ken Fisher reminds investors that it’s a quality needed to weather the more difficult periods, which are also a natural component of any bull market. “Volatility isn’t a flaw in this bull market. It is a feature of all bull markets, which proverbially climb a ‘Wall of Worry,’” the F
( 35
min )
(Bloomberg) -- Private credit lenders are just getting started in the world of consumer and asset based finance, according to Rob Camacho, Blackstone Inc.’s co-head of asset based finance within the firm’s Structured Finance Group.“Today, we are a very small portion of the whole asset based finance market,” he said in an interview. “There’s a lot of room to run.”Camacho spoke over a series of interviews that ended on Sept. 6. Here are some highlights of the conversation, which have been condense
( 34
min )
The euro has broken down during the course of the week, as traders have come back from the holiday season and made a statement.
( 32
min )
RBC analyst Chris Dendrinos launches coverage of ChargePoint stock with a Buy rating and a $9 price target.
( 23
min )
🔎 Apple (AAPL): The tech giant's stock held broadly steady premarket, after the company shed nearly $190 billion in market value over the past two days. [The Wall Street Journal reported](https://www.wsj.com/world/china/china-bans-iphone-use-fo
( 23
min )
Some questions still remain: Where will the business be headquartered? What is the state doing to keep it here? How is current litigation impacting the spinoff?
( 20
min )
Apple shares were inching up Friday after worries about a ban on iPhone use by Chinese government officials hit the stock. Wall Street analysts are assessing the likely direction for the rest of the year.
( 23
min )
ICE's Jeff Sprecher is crusading to modernize the painfully slow home loan loop that typically takes around two months and costs about $8,000.
( 35
min )
Apple lost $200 billion in value following reports that Beijing may limit iPhone use in government departments and state-owned enterprises.
( 34
min )
FASB accounting rule changes should help companies that hold digital assets to eliminate the poor optics that have been created by impairment losses, the report said.
( 32
min )
China's passenger vehicle sales jumped 2.2% in August from a year earlier, data from the China Passenger Car Association (CPCA) showed on Friday. Car sales totalled 1.94 million units last month. Sales were up 1.8% at 13.38 million units in the first eight months of the year.
( 30
min )
Stocks with steadily growing payouts have trailed the market as investor have flocked to growth shares and locked in higher bond yields.
( 23
min )
Walgreens shares have lost two-thirds of their value over the past five years. The problems are wide-ranging.
( 23
min )
(Bloomberg) -- The offshore yuan weakened toward its lowest on record against the dollar, as a cut to the daily reference rate for the managed currency stoked bets China is comfortable with a gradual depreciation.Most Read from BloombergApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, AgenciesTraders Shun Risk Amid Apple’s $190 Billion Rout: Markets WrapSoaring US Dolla
( 31
min )
The general public does not know this yet, but there is no longer any doubt that a Bitcoin spot ETF will come to the US market, writes Charlie McGlynn of XREX. It's just a matter of when.
( 35
min )
Shares in Taiwan's TSMC, a major Apple supplier, dropped around 1% on opening on Friday after reports that China has widened curbs on iPhone use by state employees. The broader index was down around 0.4%.
( 31
min )
Bitcoin rose Friday morning in Asia to above US$26,000, leading a rally across most top 10 cryptos. Ether gained but was still below US$1,650.
( 32
min )
Fabrikant van straalmotoren CFM International meldt dat 68 van zijn motoren vervalste onderdelen van het louche Britse bedrijf AOG Technics bevatten. Het gaat om CFM56-motoren die gemonteerd zijn op type vliegtuigen die het grootste deel uitmaken van de mondiale vloot.
( 4
min )
Op de Londense luchthavens Heathrow en Gatwick is hetzelfde soort beton aangetroffen waardoor eerder ruim honderd Britse scholen moesten sluiten. Dat gebeurde uit vrees voor de veiligheid. Het lichte RAAC-beton blijkt namelijk minder lang mee te gaan dan gedacht.
( 4
min )
Barclays bereidt zich voor om volgende week honderden banen te schrappen om kosten te besparen. Dat melden ingewijden aan persbureau Bloomberg. Het zou onder meer gaan om ongeveer 5 procent van het personeel dat zich met klanten bezighoudt binnen de handelstak van de Britse bank.
( 3
min )
Schiphol test een apparaat uit dat ultrafijnstof uit de lucht moet halen, schrijft Het Parool. De luchthaven zegt naar schonere lucht te streven, zodat werknemers gezond hun werk kunnen doen.
( 4
min )
Met een investering van 500 miljoen euro wordt de Nederlandse Staat aandeelhouder van netwerkbedrijf Stedin. Dat moet de energiezekerheid ten goede komen.
( 3
min )
De Belastingdienst moet de werkelijke opbrengst belasten van bijvoorbeeld spaargeld, beleggingen en vakantiehuizen. Dat staat in een voorstel van demissionair staatssecretaris Marnix van Rij (Fiscale Zaken) om op een andere manier belasting te heffen op vermogen.
( 4
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Big Bazar wil zijn Belgische tak verkopen en zo geld binnenhalen om te kunnen garanderen dat de positie van schuldeisers komende weken niet verslechtert. Op die manier hoopt de koopjesketen de rechter zover te krijgen dat die extra tijd geeft om een dreigend faillissement te voorkomen.
( 4
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De term 'fossiele subsidies' duikt de laatste tijd weer regelmatig op. Maar wat hebben miljarden aan misgelopen staatsinkomsten en een A12-blokkade van Extinction Rebellion met elkaar te maken? We zetten de belangrijkste informatie voor je op een rij.
( 6
min )
Er moeten veel meer inzamelpunten komen voor statiegeldblikjes en -flesjes, vindt staatssecretaris Vivianne Heijnen van Milieu. Ze is teleurgesteld over het aantal verpakkingen dat nu wordt ingenomen.
( 4
min )
Handelsprijzen voor basisvoedsel zoals graan, zuivel en vlees daalden in augustus naar het laagste punt sinds maart 2021. Dit komt onder meer door gunstige oogsten. De daling kan voordelig uitpakken voor de prijs van onze boodschappen.
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Het aanvragen van een bouwvergunning kost in de ene gemeente soms wel 10.000 euro meer dan in de andere. De Vereniging Eigen Huis (VEH) stoort zich aan het grote verschil.
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min )
Techgigant Apple is op de beurs in twee dagen tijd 190 miljard dollar (177 miljard euro) minder waard geworden. De daling komt door berichten dat Chinese ambtenaren geen gebruik meer mogen maken van iPhones.
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Op NU.nl vind je elke dag een stelling die bij het nieuws past. Frankrijk introduceert net als Duitsland een ov-kaart voor een vast bedrag per maand. Reizigers kunnen vanaf volgende zomer voor ongeveer 50 euro een pas kopen waarmee ze een maand lang met de trein kunnen reizen. Vandaag is daarom de stelling: Met een goedkoper ov-abonnement pak ik minder snel de auto. Breng je stem uit en discussieer mee.
( 2
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Nu de vakantie voorbij is stromen de snelwegen weer vol met auto's. Vooral op dinsdag- en donderdagochtend staat Nederland vast. Waarom doen we dat onszelf aan?
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Nu de vakantie voorbij is stromen de snelwegen weer vol met auto's. Vooral op dinsdag- en donderdagochtend staat Nederland vast. Waarom doen we dat onszelf aan?
( 6
min )
When BMW started charging an $18 per month subscription for heated seats in 2022, the backlash was swift and brutal. Customers banded together, urging others not to encourage this type of behavior from automakers, lest it open the door to more perceived avariciousness. Customers complained that a subscription for a hardware feature only makes sense if the upfront cost is small or nonexistent -- not when someone has already spent around $50,000 on a luxury car.
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The stock dropped below its IPO price for the first time Thursday. The litigation is at an early stage but seems to be worrying Wall Street.
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Shares of the movie theater firm have fallen 98% from their meme-stock highs of 2021.
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Shares of the EV company fell almost 27% on Thursday, marking a seventh straight session of losses.
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Chris Winfrey says he’s ready to call it quits on live sports entirely, charging that Disney let its own house “burn to the ground.”
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Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.
( 20
min )
Dividend investing has always been popular, and for good reason. Dividend stocks offer a wide range of advantages for return-minded investors, but two of the most significant are a reliable income stream and an inflation-beating yield. Taken together, these advantages can form the base of a truly sound portfolio. The majority of dividend stocks pay out on a quarterly basis, but turning towards those with a monthly payment schedule allows investors to better plan their income streams to meet thei
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General Motors and Ford on Thursday increased their wage offers to the United Auto Workers (UAW) as the carmakers and Chrysler parent Stellantis attempt to reach an agreement with the union before a Sept. 14 deadline.
( 19
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(Bloomberg) -- Brookfield Asset Management Ltd. is exploring the sale of Atlantis Paradise Island Bahamas, and could fetch roughly $2.5 billion for the luxury resort, according to people with knowledge of the matter.Most Read from BloombergHong Kong Shuts Down City After Heaviest Rainfall On RecordApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, Agencies‘Blame the Boome
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min )
(Bloomberg) -- One of Wall Street’s biggest stock-market pessimists dialed back his bearish forecast for the S&P 500 Index.Most Read from BloombergApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, AgenciesHong Kong Shuts Down City After Heaviest Rainfall On Record‘Blame the Boomers’ for Surging House Prices, Barclays SaysGreg Boutle, head of US equity and derivative stra
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Bud Light’s marketing blunder is changing the beer industry landscape. According to “Shark Tank” star Kevin O’Leary, the impact is so unprecedented that he’s pumped to teach the case to business school students. “It’s such an incredible story that it’s becoming what’s called a chestnut case in business schools,” O’Leary said in a recent interview with Fox Business. “Beer is a commodity, the only thing of value is the brand you spent hundreds of millions creating and then to actually lose 25% mar
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min )
CFO Amy Hood also said that the Microsoft 365 copilot software is off to a strong start.
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In the U.S., the full retirement age for Social Security benefits has been incrementally adjusted based on a person's birth year, now reaching 67 for those born in 1960 or later. But many people continue to work well beyond this age. According to data from the U.S. Census Bureau, about 650,000 Americans older than 80 were working last year, representing an 18% increase compared to a decade ago. Nearly 50% of those 650,000 Americans worked full time. Don't Miss: This REIT just teamed up with the
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Shares of ChargePoint plummeted to an all-time low as the provider of charging stations for electric vehicles reported worse-than-expected results and announced a restructuring.
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General Motors said Thursday it has offered workers a 10% wage hike and two additional 3% annual lump sum payments in its offer to the United Auto Workers union ahead of the Sept. contract expiration. The Detroit automaker said the wage hike is the largest proposed since 1999.
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Comcast and Disney agreed to speed up the timeline for the streaming service the jointly own.
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Covid is back in the headlines again. Turns out first lady Jill Biden has tested positive for Covid-19, albeit suffering only from “mild symptoms.” Meanwhile, President Joe Biden’s test results have come back as negative. But it’s not only at the White House where the coronavirus is making an unwelcome return. On the back of an upward curve that started toward the end of July, over the past week, Covid hospitalizations have witnessed a 16% uptick in the US. The spike comes against a backdrop of
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Eli Lilly and Denmark's Novo Nordisk are expected to roughly split the market for weight-loss drugs, both as diabetes and obesity treatments.
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UiPath shares surged after the company reported rising revenue and boosted its full-year outlook as demand for its artificial intelligence software jumped.
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According to documents reviewed by the Journal, the retail bellwether changed its wage structure for hourly workers in mid-July. The change in pay structure allows workers to move between work groups such as food, registers, stocking or digital fulfillment without pay impacts, the report added, citing the documents given to some store workers. Walmart did not immediately respond to a Reuters request for comment.
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Since early last year, for some 18 months now, the Federal Reserve has increased interest rates from near-zero to more than 5.5%. The move has tightened access to both capital and credit, effectively reducing the money supply – the classic response to persistent high inflation. Their efforts have borne some fruit, as the pace of inflation has slowed, in just over a year, from over 9% annually to 3.2% in the most recent data. The dramatic shift from more than a decade of loose money and low rates
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The recent trend of sagging share prices for market leaders is extending into Thursday morning, and it’s not just Apple.
The PHLX Semiconductor Sector index dropped 3% shortly after the opening bell, while individual chip stocks are prominent among S&P 500 laggards.
Nvidia recently fell 3.3%
Q
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Dell downgraded to Sell, McDonald's upgraded: Wall Street's top analyst calls
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The stock has been hit by concerns over a ban on iPhone use by Chinese government officials. Analysts are weighing in on what comes next.
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Wednesday evening, ChargePoint reported a per-share loss of 24 cents from $150.5 million in sales. Wall Street was looking for a 13-cent loss and about $153 million in sales.
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Apple suppliers and companies with large China exposure including Broadcom, Qualcomm and Texas Instruments fell between 1.2% and 2.8%. The iPhone maker's drop also pulled down the three main U.S. stock indexes. Reuters reported earlier in the day that Beijing told employees at some central government agencies in recent weeks to stop using their Apple mobiles at work.
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AMC Entertainment shares were down around 4% in premarket trading, falling further after closing at a record low Wednesday.
The movie theater
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Ford Motor Co said about 8,000 U.S. workers represented by the United Auto Workers union will get an average $4.33 an hour in additional pay under provisions of the current contract agreed in 2019. Ford announced the pay increases as talks with the UAW for a new contract are headed for a Sept. 14 strike deadline. The union has rejected Ford's recent wage increase proposals as inadequate.
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(Bloomberg) -- Apple Inc. shares tumbled in premarket trading Thursday, on track to wipe out $194 billion of market value in just two days, as China plans to expand a ban on the use of iPhones to government-backed agencies and state companies. Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackStocks Retreat After Hot ISM Fuels Fe
( 32
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Wednesday evening, ChargePoint reported a per-share loss of 24 cents from $150.5 million in sales. Wall Street was looking for a 13-cent loss and about $153 million in sales.
( 22
min )
Even with generous green subsidies, offshore wind projects are being called off as developers struggle to make a profit.
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UiPath's quarterly revenue beats expectations but Wall Street analysts are still concerned about how artificial intelligence will affect the automation market.
( 23
min )
C3.ai withdraws its forecast that it would reach profitability on an adjusted basis by the end of fiscal 2024, GameStop reports a narrower-than-expected adjusted second-quarter loss, and UiPath's adjusted earnings beat analysts' estimates.
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min )
With NFL and college football season just around the corner, Spectrum subscribers may look for new ways to cheer for their favorite teams.
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(Bloomberg) -- Shares in Asia were broadly lower Thursday while the dollar strengthened further against major currencies as investors increased bets for further Federal Reserve policy tightening.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackTexas Teeters on Edge
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In a sector bursting with bargains, Avista—down more than 25% this year—is particularly cheap. It trades for about 13.7 times earnings, its lowest multiple in more than 10 years.
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min )
The maker of inverters is fast becoming a supplier of full-home energy management.
( 22
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(Bloomberg) -- China plans to expand a ban on the use of iPhones in sensitive departments to government-backed agencies and state companies, a sign of growing challenges for Apple Inc. in its biggest foreign market and global production base.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSoaring US Dollar Raises Alarm as China, J
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min )
(Bloomberg) -- In scorching summer heat, Renier Swiegers marches through the desert toward a drilling rig. He’s not looking for oil, the dynamo of Saudi Arabia’s economy the past 80 years, though. It’s another potential source of wealth and influence the kingdom now has its eye on.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSo
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Wie een huis huurt in de vrije sector betaalt gemiddeld 4,5 procent meer dan een jaar geleden. Bij sociale huur waren de verhogingen minder sterk.
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min )
Philips heeft in de Verenigde Staten een schikking getroffen met klanten die gebruik hebben gemaakt van defecte slaapapneuapparaten. Het concern maakte eerder dit jaar al 575 miljoen euro vrij voor deze schadevergoedingen.
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min )
Onder het grondpersoneel van KLM heerst flinke onrust. De luchtvaartmaatschappij wil namelijk niet ingaan op de looneis van 14,3 procent.
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min )
Philips heeft in de Verenigde Staten een schikking getroffen met klanten die gebruik hebben gemaakt van defecte slaapapneu-apparaten. Het concern maakte eerder dit jaar al 575 miljoen euro vrij voor deze schadevergoedingen.
( 3
min )
De opening van Lelystad Airport voor passagiersvluchten wordt opnieuw uitgesteld. Minister Mark Harbers (Infrastructuur) wilde waarschijnlijk volgend jaar een besluit nemen, maar dat is niet meer aan de orde.
( 3
min )
Sommige energieleveranciers bieden nog steeds vaste contracten aan met tarieven boven het prijsplafond. Toezichthouder ACM waarschuwt consumenten dan ook om er rekening mee te houden dat het prijsplafond op 1 januari verdwijnt.
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min )
We stappen iets minder snel over naar een nieuwe baan vanwege de economische onzekerheid in ons land. Ook is de groei van het aantal zzp'ers de laatste tijd afgevlakt.
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min )
Japan heeft een raket gelanceerd met een telescoop die onderzoek gaat doen naar het ontstaan van het universum. Het Nederlandse ruimte-instituut SRON heeft daaraan meegewerkt. Ook wil Japan een maanlander naar het maanoppervlak brengen.
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Japan heeft een raket gelanceerd met een telescoop die onderzoek gaat doen naar het ontstaan van het universum. Het Nederlandse ruimte-instituut SRON heeft daaraan meegewerkt. Ook wil Japan een maanlander naar het maanoppervlak brengen.
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min )
Japan heeft een raket gelanceerd met een telescoop die onderzoek gaat doen naar het ontstaan van het universum. Het Nederlandse ruimte-instituut SRON heeft daaraan meegewerkt. Ook wil Japan een maanlander naar het maanoppervlak brengen.
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min )
Slechts 1,1 procent van de koophuizen is bereikbaar voor alleenstaande starters met een modaal inkomen. Dat is net zo weinig als vorig jaar. Voor tweeverdieners is de situatie wel verbeterd.
( 5
min )
We stappen iets minder snel over naar een nieuwe baan vanwege de economische onzekerheid in ons land. Ook is de groei van het aantal zzp'ers de laatste tijd afgevlakt.
( 5
min )
Door de hoge stroomprijzen gaan mensen met elektrische auto's steeds meer op zoek naar manieren om de laadkosten te drukken. Dat staat in het jaarlijkse Nationaal Laadonderzoek, uitgevoerd door Rijksuniversiteit Groningen.
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min )
If your goals include a big paycheck and working for a Wall Street firm, then you need to learn how to meet employers' expectations.
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min )
Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.
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min )
Most of those who don't believe they will ever be able to own cited a lack of affordability as the reason, with about half saying high home prices are keeping them from buying.
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min )
General Motors and Ford on Thursday increased their wage offers to the United Auto Workers (UAW) as the carmakers and Chrysler parent Stellantis attempt to reach an agreement with the union before a Sept. 14 deadline.
( 18
min )
US equities fell, with the S&P 500 Index slipping 0.3% on Sept. 7, 2023, its third straight decline, on concerns about rate hikes, pressure on tech companies from China.
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Shares of C3.ai tumbled on Thursday after the enterprise AI application software maker warned it won’t turn profitable as quickly as anticipated as it spends more on the booming technology.
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min )
Microtransactions have changed the economics of video games by making it possible for gaming companies to generate massive added revenue as games are played.
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Cementos Argos, Summit Materials $3.2 billion combination to create one of the biggest US suppliers of cement and ready-mix.
( 17
min )
If you're a brokerage or robo-advisor customer, you may be able to earn a high rate on your uninvested cash. But you can likely earn more with a high-yield savings account.
( 18
min )
Balance transfers and personal loans can help improve your finances, but they are different products. A balance transfer focuses on moving your debt from one creditor to another, usually for a lower interest rate, while a personal loan is a new debt.
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Life insurance is a contract in which an insurer, in exchange for a premium, guarantees payment to an insured’s beneficiaries when the insured dies.
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Deposits at FDIC-insured banks were down for the fifth straight quarter, while net income fell by double digits, the FDIC's latest Quarterly Banking Profile showed.
( 17
min )
Fourth World is an outdated term that refers to the most underdeveloped, poverty-stricken, and marginalized regions and populations of the world.
( 19
min )
The Reserve Bank of India (RBI) prints and manages currency in India, whereas the Indian government regulates what denominations to circulate.
( 19
min )
See a full overview of PNC savings account interest rates. Compare PNC Bank to top competitors and find the right savings account for your financial needs.
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min )
After a two-week dip, 30-year mortgage rates have surged back to their priciest level since 2001. Rates rose for most other loan types as well, while a few averages were flat.
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min )
A floating exchange rate is a regime where a nation's currency is set by the forex market through supply and demand. The currency rises or falls freely.
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min )
The State Employees’ Credit Union (SECU) is a nonprofit financial institution owned by employees of the State of North Carolina.
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min )
Business owners are optimistic about the future of their business despite predictions of recession, according to PNC semi-annual survey.
( 17
min )
Shares of ChargePoint plummeted to an all-time low as the provider of charging stations for electric vehicles reported worse-than-expected results and announced a restructuring.
( 17
min )
China's iPhone ban for government officials probably will have little impact on Apple, as the banned devices are a fraction of expected sales there in the next year.
( 17
min )
UiPath shares surged after the company reported rising revenue and boosted its full-year outlook as demand for its artificial intelligence software jumped.
( 17
min )
GameStop posted a narrower-than-expected loss for the quarter that ended in July thanks to strong demand for video games and growth in digital sales, amid a turnaround effort after a leadership shakeup this summer.
( 19
min )
Australia's securities regulator is suing PayPal for a contract term that it says is unfair to small businesses.
( 17
min )
From the end of World War II until around 1971, all countries in the IMF pegged their currencies to the U.S. dollar. Today, many still do.
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min )
Learn techniques for emphasizing your CFA Level I status in the Skills and Certifications or Professional Development section of your resume.
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min )
Forex (FX) is the market for trading international currencies. The name is a portmanteau of the words foreign and exchange.
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A morning star is a bullish candlestick pattern in a price chart. It consists of three candles and is generally seen as a sign of a potential recovery following a downtrend.
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90/10 is an investment strategy proposed by Warren Buffett that deploys 90% of investment capital to S&P index funds and 10% to lower-risk investments.
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Take a brief look at some of the major arguments for and against balancing the budget and high debt levels for the U.S., the largest debtor in the world.
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min )
A bond's yield to maturity is the total interest it will earn, while its spot rate is the price it is worth at any given time in the bond markets. Here's why a bond's spot rate fluctuates even though its interest rate is set.
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Markets are down today, and a series of related factors is exerting pressure. First, investors are concerned about a possible resurgence in the rate of inflation, which is directly linked to the second fear. This fear arises from rising oil prices, driven by the Russian-Saudi agreement to extend their oil production cuts until December of this year. Finally, with oil prices approaching $90 per barrel, the cost of gasoline is rising in the US markets, even though the summer driving season has com
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min )
(Bloomberg) -- For Dhiraj Bajaj, the sudden twists and turns were unlike any he'd ever seen in his two decade investing career.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsFirst, Dalian Wanda G
( 36
min )
(Bloomberg) -- John Paulson was sued by his longtime business partner in Puerto Rico, who alleges the hedge fund billionaire made fraudulent claims to convince him to invest $17 million in a luxury automobile dealership on the island.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackStocks Retreat After Hot ISM Fuels Fed-Hike Wag
( 32
min )
Four analysts polled by LSEG expect BlackBerry to report sales of $156.9 million. "Given the product mix, delays in closing certain large deals are expected to impact revenue recognized in the quarter," said BlackBerry's Executive Chair and CEO, John Chen. In August, media reports said private equity firm Veritas Capital made an offer to buy BlackBerry, months after the Canadian company began a strategic review.
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While July quarter results topped estimates, the AI company sees mounting losses ahead.
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min )
Deutsche Bank analyst Emmanuel Rosner met with management at a conference connected to the Munich Auto Show.
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min )
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Apple (AAPL) shares fell 4% Wednesday on a report China banned its government officials from using the company's iPhones for work, as part of Beijing's effort to reduce its reliance on foreign technology and strengthen cybersecurity.
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The company said it will deliver fewer of the fighter planes this year than management had told investors to expect on a call to discuss its results.
( 23
min )
Musk posted the bleak financial assessment as part of a rant against the ADL.
( 32
min )
(Bloomberg) -- US regional banks may need to raise significant amounts of additional debt to comply with new regulatory requirements, but the extra capital might not be enough to prevent future failures, according to research published Wednesday.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSoaring US Dollar Raises Alarm as Chin
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min )
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Lockheed Martin warned it will deliver fewer F-35 jet fighters this year than expected, and that the first of its updated Technology Refresh (TR-3) jets won’t be ready until next year.
( 18
min )
GameStop beat Wall Street estimates for second-quarter revenue on Wednesday, buoyed by demand for videogames, collectibles and consoles. The company reported revenue of $1.16 billion for the quarter ended July 29, up from $1.14 billion a year earlier. Analysts on average had estimated $1.14 billion, according to three analysts polled by LSEG.
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T-Mobile US said it will start paying shareholders a regular dividend starting later this year, joining peers like AT&T and Verizon.
The Bellevue, Wash., company said Wednesday it will authorize another $19 billion in payments to shareholders from the fourth quarter through the end of 2024. The pay
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min )
T-Mobile will join telecom peers AT&T and Verizon Communications by starting to pay a dividend. The stock will yield around 1.9%.
( 23
min )
"Would Nvidia's popping bring down the whole market? "It's very possible," the Research Affiliates founder, Rob Arnott, said.
( 32
min )
The United Auto Workers union on Wednesday plans to make a labor contract counterproposal on economic issues to Ford Motor, a source told Reuters. Ford said last week it had offered a 9% wage increase through 2027, much less than the 46% wage hike being sought by the union. The UAW expects to receive a proposal from General Motors on Thursday, added the source, who spoke on condition of anonymity.
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(Bloomberg) -- There’s little that can dent the world’s top performing stock this year, not even its founder being sent to prison for insider trading.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsS&P 500 Drops 1% as Hot ISM Fuels Hawkish Fed Bets: Markets Wr
( 34
min )
Rob Arnott, a quantitative-investing pioneer known for steering investors out of complacency, says the chip maker is “a great company priced beyond perfection.”
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min )
“The timing could not be worse,” the Wedbush Securities analyst wrote about what he considers a “very likely” work stoppage.
( 33
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Legendary investor Warren Buffett celebrated his 93rd birthday on Aug. 30. While many might imagine lavish celebrations and extravagant gifts for someone of his stature, Buffett has a unique perspective on birthdays and aging. Despite accumulating wealth at an incredible rate, earning an estimated $3.5 million every day of his life when you divide his total net worth by the number of days he's been on Earth, he says he dreads birthdays and the thought of growing older. Don't Miss: Until 2016 it
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min )
Wayne Griffiths has enjoyed tremendous success with his upstart brand, but the true test is whether he can sell Americans on Cupra.
( 34
min )
(Bloomberg) -- Apple Inc. suffered its worst stock decline in a month following a report that Chinese government agencies have barred staff from using the iPhone and other foreign-branded devices at work.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei T
( 32
min )
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Dominion Energy's sale of its three natural gas distribution companies to Canada-based pipeline operator Enbridge creates the largest natural gas utility in North America.
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min )
Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.
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Not long ago, data was being touted as the “new oil,” while in some quarters that epithet has been bestowed at times on copper, or even, fresh water. However, according to a statement made by Elon Musk, “lithium batteries are the new oil.” That is maybe not such a surprising take, given lithium forms a crucial part in the rechargeable battery tech required to power EVs. While Tesla sources its lithium from several producers of the element, it is planning to also have its lithium production done
( 35
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Deutsche Bank analyst Emmanuel Rosner met with management at a conference connected to the Munich Auto Show.
( 22
min )
The brewer has taken a huge financial hit from a boycott of Bud Light following a promotion with transgender influencer Dylan Mulvaney.
( 32
min )
Shares of AMC Entertainment traded sharply lower Wednesday morning after the company announced a plan to sell up to 40 million common shares.
The stock was down 21% at $10.71.
AMC said it plans to use the proceeds to bolster liquidity and repay debt, among other things. The announcement follows th
( 22
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(Bloomberg) -- Treasury yields climbed Wednesday — some to the highest levels in a week — as traders priced in higher odds of a Federal Reserve interest-rate increase this year after a gauge of service-sector activity was stronger than anticipated.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Brea
( 30
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Workers who are assigned to an office will be required to be work out of that workplace three days a week.
( 19
min )
The entertainment giant plans to use potential net proceeds from the sale 'to bolster liquidity' and deal with its debt.
( 22
min )
U.S. weapons maker Lockheed Martin on Wednesday cut its delivery outlook for its F-35 jets, and delayed deliveries of its updated Technology Refresh 3 (TR-3) jets. Lockheed said in a filing it expects to deliver 97 aircraft in the year, down from its prior outlook of between 100 and 120 jets. Bethesda, Maryland-based Lockheed added it expects to deliver its first TR-3 jet between April and June next year.
( 31
min )
Constellation Brands upgraded, Block downgraded: Wall Street's top analyst calls
( 34
min )
The move to acquire East Ohio Gas, Questar Gas, and Public Service Co of North Carolina will make Enbridge the largest gas utility by volume in North America, with the unit accounting for a bit less than a fourth of the company's overall business mix. Morningstar analysts called the deal a "defensive move". "Despite the size of the transaction, Enbridge is leaving its 5% annual EBITDA growth expectation over the medium term, which suggests to us that the earnings contribution is replacing weaker results on the liquids side of the business," Morningstar analyst Stephen Ellis wrote in a note.
( 31
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It's clear that the third quarter is still going to be a bumper one, or even a record one, for the airline industry. But investors are worried about the months ahead and they now have another reason to be concerned.
( 22
min )
I’m 49 years old and I’ve had a steady job for over 15 years now as a government contractor. I plan to retire at around 65. I have $500,000 in savings between my 401(k), IRA and individual savings accounts. I’m renting, I don’t have any debt and I have a small family of three. I’m […] The post Ask an Advisor: I’m 49 With $500k in Savings But ‘I’m Concerned’ About Retirement Income and Annuities Are ‘Too Expensive.’ What Are My Options? appeared first on SmartReads by SmartAsset.
( 33
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Roku is cutting about 10% of its workforce, or 360 people, and it will limit new hiring as it cuts costs to stem a series of quarterly losses. The streaming platform also said in a regulatory filing Wednesday that it expects adjusted third-quarter revenue of between $835 million and $875 million, which is much better than the $828.6 million that Wall Street was projecting, according to analysts polled by FactSet. The Silicon Valley company also expects impairment charge of $160 million to $200 million in its third quarter as it consolidates some offices.
( 32
min )
Will millions of tax filers and small business owners trust personalized advice from A.I.? CEO Sasan Goodarzi is betting the future of his company that they will.
( 35
min )
The streaming platform also projected fiscal third-quarter results ahead of its prior guidance.
( 25
min )
The Bank of Russia will try to prop up the struggling rouble as Vladimir Putin’s regime desperately tries to counter Western sanctions.
( 47
min )
↘️ Apple (AAPL): Shares edged lower premarket after The Wall Street Journal reported that China had ordered central-government officials not to use iP
( 22
min )
Musk repaid the loan in November, and it's not clear why it was taken.
( 22
min )
German automakers under heavy pressure from Chinese competition are speeding up their transition to electric vehicles, enabling partnerships with the likes of EV startup Xpeng, its CEO Brian Gu said in an interview on Wednesday. "It is perhaps the darkest moment for German automakers but I also feel their strongest determination ever to change at the IAA," Gu said on the sidelines of Munich's IAA car show. Chinese EV startups need to leverage German automakers' scale, branding and investments to lower costs and survive, said Gu.
( 32
min )
Amazon could face an antitrust case which advocates breaking up the company, according to The Wall Street Journal. That might not be such a bad thing for shareholders.
( 22
min )
(Bloomberg) -- An increasingly stretched global refining system means fuel-price volatility is set to become more common, according to top oil executives.Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Flights After Temporary Grounding o
( 31
min )
Investors were digesting a raft of tech and software company earnings ahead of the open Wednesday.
( 23
min )
(Bloomberg) -- The greenback rose for a second day as a rally in oil reignited concerns over inflation, putting pressure on policymakers to keep rates high. Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Flights After Temporary Groundin
( 34
min )
Toyota thinks the world outside of Japan may finally be ready to embrace its six-figure superluxury flagship car.
( 25
min )
(Bloomberg) -- A renewed advance in the dollar is sending Asian currencies to multi-month lows while prompting authorities in China and Japan to step up defense of their beleaguered exchange rates. Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Re
( 32
min )
JPMorgan said "de-dollarization risk for Western economies mostly relates to inflation and their debt burden."
( 32
min )
(Bloomberg) -- Japan issued its strongest warning over sharp currency movements in weeks after the yen set a fresh 10-month low against the dollar overnight.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Flights After Temporary Groundin
( 32
min )
A financial roadmap for making the most of your cash while staying on track with your short and long term money goals.
( 22
min )
After a shaky August for the markets, we have now entered the year’s final third and the bad news is that, going by the history books, September represents the market’s worst month of the year. The good news, however, is that according to Oppenheimer’s head of technical analysis, Ari Wald, any anticipated lull will be short-lived. “The key takeaway in our work is that, whether or not the advance is resuming imminently, it should only be a matter of time,” Wald recently said. “The Russell 2000’s
( 35
min )
C&S, which has partnered with SoftBank Group for the transaction, could announce a deal as soon as this week to acquire most or all of the stores they are unloading for antitrust reasons, the report said, adding that it is unclear how many stores C&S will acquire or how much it is paying for them. Kroger, Albertsons, C&S and SoftBank did not immediately respond to Reuters' request for a comment.
( 32
min )
Het aantal Nederlandse uitwonende studenten is gedaald van 53 procent in 2015 naar 44 procent dit jaar. Dat is een gevolg van het groeiende tekort aan studentenwoningen en de invoering van het leenstelsel. En de situatie wordt mogelijk nog zorgwekkender.
( 5
min )
Nederland is de grootste importeur van zonnepanelen ter wereld, waarbij 89 procent uit China komt. Ongeveer 60 procent van onze ingevoerde zonnepanelen wordt wel meteen weer doorgevoerd naar andere landen.
( 4
min )
Zes grote techbedrijven zijn bestempeld als aanbieders van zúlke machtige diensten, dat consumenten er bijna niet omheen kunnen. Deze bedrijven moeten in de EU aan strengere regels voldoen, zodat ze op de juiste manier met hun verantwoordelijkheden omgaan.
( 5
min )
Mannen met een Marokkaanse achternaam worden nog altijd gediscrimineerd als ze een huurhuis zoeken. Vrouwen, Poolse mannen en homoseksuelen lijken minder problemen te ondervinden.
( 4
min )
Zorgmedewerkers die in de eerste maanden van de coronapandemie het postcovidsyndroom opliepen tijdens hun werk, kunnen vanaf 25 september een tegemoetkoming van 15.000 euro aanvragen. Vakbond FNV vindt dat bedrag veel te laag en stoort zich aan de strenge voorwaarden.
( 4
min )
Zorgmedewerkers die in de eerste maanden van de coronapandemie het postcovidsyndroom opliepen tijdens hun werk, kunnen vanaf 25 september een tegemoetkoming van 15.000 euro aanvragen. Vakbond FNV vindt dat bedrag veel te laag en stoort zich aan de strenge voorwaarden.
( 4
min )
Zweedse criminele bendes misbruiken Spotify om geld wit te wassen, meldt Svenska Dagbladet dinsdag op basis van eigen onderzoek. Rappers verbonden aan criminele netwerken boeken op de streamingdienst zogenaamd grote successen met veel luisteraars.
( 3
min )
Ons internet thuis wordt jaarlijks duurder, maar ook sneller. Ziggo kondigde maandag aan dat al zijn klanten in oktober hogere internetsnelheden krijgen. Maar hoe snel moet je internet eigenlijk zijn? Aan 200 megabit heb je volgens een expert meestal genoeg.
( 3
min )
De Oekraïense economie is in de eerste zeven maanden van dit jaar een klein beetje gegroeid. De economie van het land laat sneller herstel zien van de oorlogsschade dan verwacht, meldt het Oekraïense ministerie van Economische Zaken.
( 4
min )
Door een storing in de bussen van Arriva hebben reizigers woensdag niet kunnen in- en uitchecken met hun ov-chipkaart. De storing is in veel bussen opgelost. Alleen in Noord-Nederland en Limburg kunnen passagiers er nog mee te maken krijgen.
( 3
min )
De Duitse industrie heeft in juli bijna 12 procent minder orders binnengekregen dan een maand eerder. Al langere tijd hebben industriële bedrijven het moeilijk in Duitsland, de grootste economie van Europa en de belangrijkste handelspartner van Nederland.
( 3
min )
Door een storing in de bussen van Arriva kunnen reizigers woensdag niet in- en uitchecken met hun ov-chipkaart. De bussen van het ov-bedrijf rijden wel. Passagiers mogen gratis mee zolang de storing duurt.
( 3
min )
Nieuwbouwwoningen worden steeds duurder ten opzichte van bestaande woningen. Ook staan de nieuwe woningen veel langer te koop, blijkt uit cijfers van brancheorganisatie WoningBouwersNL.
( 3
min )
Op NU.nl vind je elke dag een stelling die bij het nieuws past. T-Mobile Nederland heet voortaan Odido. Ook de merknaam Tele2 wordt vervangen door Odido. Op NUjij discussieerden lezers over of de naamsverandering invloed heeft op hun vertrouwen in het bedrijf. Vandaag is daarom de stelling: Bij een naamsverandering moet een bedrijf opnieuw mijn vertrouwen winnen. Breng je stem uit en discussieer mee.
( 2
min )
The Affordable Care Act increases moral hazard by pushing consumers further away from the costs of care. Many argue that health insurance itself is a moral hazard.
( 23
min )
Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. More than 40 CDs are paying 5.50% or better.
( 20
min )
The Consumer Price Index (CPI) measures inflation, but a comprehensive measurement includes the Producer Price Index (PPI) and the gross domestic product (GDP) deflator.
( 22
min )
Apple (AAPL) shares fell 4% Wednesday on a report China banned its government officials from using the company's iPhones for work, as part of Beijing's effort to reduce its reliance on foreign technology and strengthen cybersecurity.
( 18
min )
PBMs are third-party administrators and negotiators that are essential facilitators in transactions between all moving parts of the health care industry.
( 22
min )
U.S. equities fell for a second straight session on Sept. 6, 2023, with the S&P 500 Index losing 0.7% amid investors' concerns the Federal Reserve isn't done with raising interest rates yet.
( 16
min )
Lockheed Martin warned it will deliver fewer F-35 jet fighters this year than expected, and that the first of its updated Technology Refresh (TR-3) jets won’t be ready until next year.
( 18
min )
AMC shares plunged 36.8% to an all-time low on Wednesday after the movie theater chain operator announced it would sell up to 40 million shares of its Class A common stock.
( 18
min )
The jump in instant transfer fees comes as Robinhood contends with declining active users and increased SEC scrutiny.
( 16
min )
WeWork shares initially jumped after the company announced plans to renegotiate all of its leases and exit underperforming locations, but wary investors dragged the stock back into the red.
( 18
min )
The Keynesian multiplier was introduced in the 1930s to show that government spending creates cycles of increased employment and prosperity.
( 21
min )
The short-term rental service has revolutionized the lodging industry worldwide. But opinions differ on whether that's been entirely for the good.
( 29
min )
Japan and China are taking steps to halt their currencies' recent declines against the strengthening U.S. dollar, but it's not clear their actions can overcome broader economic realities.
( 19
min )
GDP per capitais a metric that breaks down a country's GDP per person and is calculated by dividing the GDP of a country by its population.
( 25
min )
NextGen Healthcare Inc., an Atlanta, GA-based healthcare data provider, has agreed to be acquired by private equity firm Thoma Bravo in a deal valued at $1.6 billion.
( 17
min )
Credit score requirements for personal loans vary by lender, but borrowers with good or excellent credit typically have a better chance of qualifying for the best rates and terms.
( 24
min )
Foreign institutional investors (FIIs) are typically large companies that invest in countries other than where their headquarters are located.
( 24
min )
When buying permanent life insurance, what amount of premium should you pay for the coverage?
( 24
min )
How can you determine the face value of a life insurance policy, and what circumstances can change this value for your heirs?
( 26
min )
While a debt consolidation loan can be a personal loan, business debt consolidation loans are also available. Additionally, there are more kinds of personal loans than just debt consolidation loans.
( 23
min )
The volatility skew is the difference in implied volatility (IV) between out-of-the-money (OTM) options, at-the-money options (ATM), and in-the-money options (ITM).
( 29
min )
Airlines could take a hit to their profitability in the coming months as fuel costs—one of their biggest expenses—surge, while domestic travel demand peaks.
( 18
min )
Student loans can have an impact on your taxes, including reducing your tax bill if you've been paying interest. Here's what you need to know.
( 22
min )
The top national rate for a high-yield savings account keeps rising, setting record after record. Another jump this week has pushed the top rate even further above 5%.
( 19
min )
A passive investor typically buys index funds or other managed funds. An active investor is often a stock selector or someone who frequently buys and sells securities.
( 23
min )
Inflation is still above the 2% target the Fed is looking to hit, and with economic growth still pressing demand higher, interest rates will need to remain high or even be raised again, Boston Fed President Collins said.
( 18
min )
Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period.
( 39
min )
Learn how one country's debt crisis can affect other nations, including how currency values, inflation, and output could be affected on a global scale.
( 23
min )
The streaming company is tightening its belt, laying off workers and reducing operational expenses in order to maintain positive momentum.
( 17
min )
Dominion Energy's sale of its three natural gas distribution companies to Canada-based pipeline operator Enbridge creates the largest natural gas utility in North America.
( 17
min )
U.S. equities were down for a second session at midday on Wednesday, Sept. 6, 2023 amid renewed concerns about Fed interest rate hikes.
( 16
min )
Your student loans are assigned to a servicer. Here's what you should know about working with your loan servicer's customer service department.
( 23
min )
Shares of GitLab jumped after the tech firm posted a surprising quarterly profit on soaring sales of its information technology security platform.
( 16
min )
Alphabet's Google tentatively settled a class action suit that accused it of overcharging customers through its Play Store in the U.S.
( 17
min )
Despite the drop in 30-year fixed mortgage rates last week, weekly mortgage applications decreased by 2.9% to the lowest level since December 1996.
( 17
min )
Jobless claims are a statistic reported weekly by the U.S. Department of Labor that counts people filing to receive unemployment insurance benefits.
( 21
min )
Despite how high student loan debt has gotten in the U.S., billions of dollars in Pell Grants still went unclaimed by the high school class of 2022.
( 22
min )
Learn how to start a business offering personal loans, including the pros and cons of starting this type of business.
( 25
min )
Discover ten possible ways individual investors and businesses can potentially profit from an environment of rising interest rates.
( 25
min )
The European Commission on Wednesday designated six tech giants as "gatekeepers" under its Digital Markets Act, one of its most comprehensive efforts yet to rein in big tech.
( 19
min )
The iPhone maker has long relied on Arm's tech for its most popular products, with the current deal extending their partnership to 2040 and beyond.
( 17
min )
If you don’t time your student loan payments carefully, you can easily get burned and end up giving your lender way more money.
( 23
min )
The Bureau of Labor Statistics' employment report is a widely watched indicator of economic well-being that directly influences the market.
( 26
min )
Subscribers are the biggest losers in Charter and Disney's contract dispute regarding cable TV fees—a fight that centers on a model they both hope to abandon.
( 21
min )
Brazil is the eleventh biggest economy worldwide. Its services and industry sectors made up 58.9% and 20.7% of GDP in 2022. Annual GDP growth was 2.9%.
( 23
min )
Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.
( 28
min )
Diversification is a portfolio theory rooted in the idea that anyone who puts all their money in one company or industry is flirting with disaster.
( 24
min )
Analyst Mike Mayo has an Outperform rating on shares and a $55 price target, implying 32% upside from recent trading levels.
( 22
min )
The agency warns of fraud in the employee-retention tax-credit program.
( 28
min )
The sale comes as lawmakers and regulators across the U.S. debate the future of natural-gas use in everything from stoves to furnaces.
( 26
min )
Apple has signed a new deal with Arm for chip technology that "extends beyond 2040," according to Arm's initial public offering documents filed on Tuesday. Arm unveiled pricing on Tuesday for what it hopes will be a $52 billion initial public offering, which would be the largest such deal in the U.S. this year. Arm owner SoftBank Group plans to offer 95.5 million American depository shares of the United Kingdom-based company for $47 to $51 apiece, Arm said in a filing.
( 32
min )
(Bloomberg) -- Pipeline operator Enbridge Inc. agreed to buy three natural gas utilities from Dominion Energy Inc. for $9.4 billion. Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyUnited Airlines Resumes US Flights After Temporary Grounding on Tech IssueBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapThe deal will create
( 31
min )
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Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. Almost 50 CDs are paying rates of 5.50% or more.
( 20
min )
Both sides of a dispute that has left nearly 15 million cable TV subscribers without ESPN or other networks affiliated with The Walt Disney Co. are directing customers to other services where they can watch television. The offers speak to the unusual nature of the business dispute between Disney and Charter Communications, and doesn't auger a quick resolution. Charter is telling its Spectrum TV customers about a special deal being offered by the Fubo live television streaming service to get two months at discounts of 25% or 30%, depending on the plan.
( 32
min )
(Bloomberg) -- The Federal Reserve has now offloaded about $1 trillion of its bond holdings since it began working down its bloated balance sheet last year, with no sign of the kinds of strains in financial markets that spooked policymakers the last time they oversaw such a program.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyReturn-t
( 32
min )
Charles Schwab passed a milestone in its efforts to integrate its one-time rival.
( 22
min )
China is planning a new $40 billion government-backed investment fund aimed at bolstering the country's semiconductor manufacturing industry that has been hit by U.S. export controls.
( 33
min )
Lisa Su emphasized AMD is one of the few companies that offers a complete AI technology portfolio across chips and software.
( 22
min )
If there's one thing cash investors love, it's high dividend yields that can juice up portfolio returns. Buying high-yielding dividend stocks often works well — until and unless the dividend gets cut or suspended. An unusually high dividend yield is sometimes called a "yield trap," meaning that while the yield is alluring, the declining share price is often a reflection of weak company fundamentals and declining earnings. Another event that perks investor interest is a stock split, as one can ow
( 33
min )
Ford Pro CEO Ten Cannis explains the potential for software-defined vehicles. The auto maker's investors stand to benefit if he is right.
( 23
min )
Lucid CEO Peter Rawlinson topped a survey of the most highly paid auto maker CEOs. Tesla CEO Elon Musk has an opinion about that.
( 22
min )
(Bloomberg) -- Citigroup Inc.’s $41 share price reflects too much fear, and investors looking for a long-term opportunity should buy the stock, according to Wells Fargo & Co. analyst Mike Mayo. Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyOpenAI CEO Sam Altman First Person to Get Indonesian Golden VisaReturn-to-Office Is a $1.3 Trilli
( 32
min )
The U.S. government is taking a big step toward forcing a defiant Tennessee company to recall 52 million air bag inflators that could explode, hurl shrapnel and injure or kill people. The National Highway Traffic Safety Administration on Tuesday said it has made an initial decision that the inflators made by ARC Automotive Inc., and under license by another company, are defective. In May the agency asked ARC to recall the inflators, which it says are responsible for at least seven injuries and two deaths in the U.S. and Canada since 2009.
( 31
min )
Musk earned an unprecedented $23 billion from Tesla two years ago after hitting performance targets.
( 32
min )
The U.S. dollar has long held its position as the world's primary reserve currency. It's also considered a safe-haven currency because of America's robust economy and stable political system. But according to renowned global investor and economist Marc Faber, the greenback's dominance is now on shaky ground. "I think that the U.S. dollar will become over time — not tomorrow, but over time — a worthless currency," he said in a recent interview with Stansberry Research. Faber is highly critical of
( 32
min )
The father of a woman who died during last month's wildfires in Hawaii has sued the state and the county of Maui in a “first-of-its-kind” lawsuit accusing the governments of gross negligence leading to the blazes. Filed on Monday in Hawaii state court, the lawsuit is the first stemming from the wildfires to be lodged against the state. It also names the state's electric utility Hawaiian Electric, which is already facing several lawsuits, and a major landowner on the island, Bishop Estate, over the fires that razed the historic town of Lahaina in Maui.
( 31
min )
Apple, Intel and Nvidia are among the companies that plan to buy shares in the British chip maker's initial public offering.
( 26
min )
According to Moffett Nathanson managing director Eugene Simuni, the primary reason the company is partaking in the underwriting process is to offer its users direct access to the IPO.
( 23
min )
The two-year saga involving a proposed deal to take Donald Trump’s Truth Social platform public just got even longer.
Shareholders voted to give the special-purpose acquisition company trying to take the former pre
( 24
min )
One of the market's hottest sectors is having a sluggish start to back-to-school season.
Major homebuilder stocks, which have benefitted this year from higher mortgage rates and slow sales of existing ho
( 22
min )
British chip designer Arm is targeting a valuation of around $52 billion for its IPO, according to a filing on Tuesday.
( 23
min )
A common number that people generally seek to save is $1 million. It's a good start to long-term retirement and is a threshold that people view favorably as they seek to reach their financial goals. Saving $1 million is doable, … Continue reading → The post How to Save $1 Million Dollars in 10 Years appeared first on SmartAsset Blog.
( 35
min )
(Bloomberg) -- Federal Reserve Governor Christopher Waller said policymakers can afford to “proceed carefully” with interest-rate increases given recent data showing inflation continuing to ease.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsOpenAI CEO Sam Altman First Person to Get Indonesian Golden Visa“There is nothing that is saying
( 31
min )
Last month, the entertainment giant offered full-year guidance that assumed the strikes would resolve by early September. That hasn't happened yet.
( 22
min )
Perceived wisdom goes that the way to outperform the market this year has been by leaning into the Magnificent Seven stocks (AAPL, AMZN, GOOGL, META, MSFT, NVDA, TSLA). These market leaders – all tech giants – are seen as being responsible for the market’s rally, but hold that thought, says Ark Invest CEO Cathie Wood. These names don’t take up much room in Wood’s flagship Ark Innovation ETF, yet the fund, with its focus on bold, innovative stocks, still managed to beat the main indexes’ performa
( 35
min )
Saudi Arabia said Tuesday it will extend its voluntary production cut of 1 million barrels of oil a day through the end of the year. The announcement, carried by the state-run Saudi Press Agency, comes as the kingdom has been unilaterally cutting its output to try and boost sluggish crude oil prices. The announcement said Saudi Arabia still will monitor the market and could take further action if necessary.
( 31
min )
(Bloomberg) -- For years now, stock traders have been getting so rich betting big companies will get even bigger that they’ve forgotten what a bubble looks like. They’re going to find out thanks to Nvidia Corp.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsOpenAI CEO Sam Altman First Person to Get Indonesian Golden VisaSo says Rob Arnot
( 34
min )
The electric-vehicle company shipped 84,159 cars from its plant in Shanghai in August, up from 64,285 in July and 76,695 in August 2022.
( 22
min )
Cryptocurrency prices have been languishing, failing to consistently hold gains in recent weeks. Analysts are eyeing weakness in the technicals.
( 22
min )
These companies will fare well even if the Federal Reserve keeps interest rates high for a while.
( 22
min )
KeyBanc's Brandon Nispel says Disney investors might be disappointed when they see ESPN's financials broken out as a stand-alone unit.
( 23
min )
The lawsuit provides insightful claims into the Wall Street titan’s culture including allegations that comments such as “take that as your first punch in the face” were condoned.
( 33
min )
The company is closing chicken plants after some say it went too far in building up the business, which produces one-fifth of U.S. supply.
( 26
min )
SoftBank Group's Arm is aiming to raise up to $4.87 billion in the chip designer's U.S. initial public offering, a regulatory filing showed on Tuesday.
( 31
min )
If cars like the BYD Seal are both premium and affordable, where does that leave the rest of the industry?
( 34
min )
Cryptocurrency prices have been languishing, failing to consistently hold gains in recent weeks. Analysts are eyeing weakness in the technicals.
( 22
min )
Auto makers and chip stocks were among the big movers at the start of a shortened week following the Labor Day holiday.
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The utilities sector has slumped 12% in 2023 and is by far the worst-performing group in the S&P 500.
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The new investments come despite market turbulence for clean-energy startups.
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Dogecoin led the winners in the top 10, in anticipation of Tesla owner Elon Musk’s upcoming biography, which reportedly details his involvement in the memecoin’s development.
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↗️ Blackstone (BX), Airbnb (ABNB): Shares in both companies rose premarket Tuesday after S&P Dow Jones Indices said late Friday that they would joi
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(Bloomberg) -- US equity investors are in for disappointment as economic growth is set to be weaker than expected this year, according to Morgan Stanley’s staunch bear, Michael Wilson.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketThe strategist’s warning contrasts with the rally on Wall
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(Bloomberg) -- The outlook for oil prices and Chinese demand, the longevity of OPEC+ supply curbs, and rising flows of Iranian crude are among the key topics at Asia’s biggest gathering of the industry’s traders and executives, which entered its second day in Singapore.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketWhy China Is Avoiding Us
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U.S. semiconductor company Qualcomm on Tuesday said it will supply chips to power in-car infotainment systems to luxury automakers Mercedes and BMW. Qualcomm is the leading supplier of the chips used in smartphones, a market that has slumped over the past year. But the company is also working with automakers to power various functions in vehicles, from infotainment systems to advanced driver assistance systems, and its automotive revenue grew 13% in its most recent quarter despite its smartphone outlook falling short of analyst estimates.
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(Bloomberg) -- A gauge of the dollar is marching toward levels last seen in March as Treasury yields pushed higher and traders mulled the possibility US interest rates may stay higher for longer. Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketThe Bloomberg Dollar Spot Index rose 0.4% on
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(Bloomberg) -- The low-profile yet surprising release of a new phone by Huawei Technologies Co. last week has sparked a hunt for potential beneficiaries, on the bet it represents a jump forward in China’s domestic chipmaking.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyDiamond Prices Are in Free Fall in One Key Corner of the MarketTraders and inve
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The continued positive inflation and labor market data led to the cut, Goldman Sachs Chief Economist Jan Hatzius wrote in a note. The investment bank said it expected reacceleration in real disposable income next year on the back of continued solid job growth and rising real wages. U.S. consumer spending accelerated in July, but slowing inflation strengthened expectations that the Federal Reserve would keep interest rates unchanged in its policy meeting this month.
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Shares fell back Tuesday in Asia after U.S. markets were closed for the Labor Day holiday. Hong Kong fell more than 1% as Chinese property stocks declined as investors sold to lock in gains fueled by recent efforts to support the ailing industry. China Vanke lost 1.2%, while Country Garden Holdings gave up 2%.
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Highly depressed markets have thrown up very attractive yields
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(Bloomberg) -- OpenAI Chief Executive Officer Sam Altman is the first person to get an Indonesian golden visa as Southeast Asia’s largest economy seeks to draw foreign investors. Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketStocks Cede China-Led Gains in Thin Holiday Trade: Markets WrapThe country’s immigration authority issued a 10-year
( 31
min )
(Bloomberg) -- Alibaba Group Holding Ltd.’s cloud division is weighing a private round to raise funds from Chinese state-owned enterprises ahead of the business’s market debut in Hong Kong, people with knowledge of the matter said.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketStocks Cede China-Led Gains in Thin Holiday Trade: Markets Wrap
( 33
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(Bloomberg) -- Oil traded near the highest level since mid-November after a surge driven by supply cuts from OPEC+ that have tightened the market.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketStocks Cede China-Led Gains in Thin Holiday Trade: Markets WrapWest Texas Intermediate held above $85 a barrel in early Asian trading, 0.3% higher t
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(Bloomberg) -- Asian stocks are set to open lower Tuesday, as traders return their focus to China’s efforts to halt its economic malaise after markets in the US were shut for the US Labor Day holiday.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketBurning Man Festival Death Probed as Driving Ban Is LiftedFutures in Japan and Australia point
( 34
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As Shanghai sweltered in a heatwave in June, the car factory where Mike Chen works switched production to night shifts and dialled down the air-conditioning. For Chen, toiling through the early hours in his sweat-soaked uniform, it was the latest slap in the face after cuts in bonuses and overtime slashed his monthly pay this year to little more than a third of what he earned when he was hired in 2016. Chen, 32, who works for a joint venture between China's state-owned car giant SAIC and Germany's Volkswagen, is far from alone.
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From 1958-2017, Perkins loans provided low-interest loans to undergraduate and graduate students with exceptional financial needs.
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min )
A credit card authorized user is someone who has permission to use a credit card issued to another person. That can affect both their credit scores.
( 23
min )
Public outcry over rescuing banks with taxpayer money in 2008 forced a switch in governmental tactics, making bail-ins the new bank bailouts.
( 23
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Monthly tracking report for credit card interest rates from Investopedia's database of more than 300 cards showed an increase of an eighth of a point in the overall median available rate. These are the current rates as of September 2023.
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The increase in communications technology allows companies to complete in a global market.
( 24
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Personal loan rates reversed course this week, dipping to 20.96%, losing 15 basis points since last week when the average personal loan rate sat at 21.11%.
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Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. Almost 50 CDs are paying rates of 5.50% or more.
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U.S. equities fell, with the S&P 500 closing 0.4% lower on Sept. 5, 2023, as oil prices and interest rates rose.
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Discover’s savings account doesn’t usually have the highest APY, but it’s easily accessible with no minimum deposit or monthly fee.
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The cost of gasoline is on the rise as crude oil prices have climbed steadily to 10-month highs, but any effort by the U.S. government to ease the burden on households could be less effective now than in the past.
( 18
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Find out more about how CD early withdrawal penalties work, and how to determine when they may be worth overlooking.
( 24
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A rights offering is a set of rights given to shareholders to purchase additional stock shares in proportion to their holdings.
( 24
min )
Tesla was the best-performing stock in the S&P 500 after the electric vehicle maker boosted sales of vehicles made at its Shanghai plant last month on price cuts and increased production.
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min )
The vast majority of homeowners are now considering climate disaster risks when they buy a new house, but many are still willing to accept those risks.
( 18
min )
Illumina on Tuesday named Agilent Technologies' Jacob Thaysen its CEO after a proxy battle with activist investor Carl Icahn led former head Francis deSouza to resign.
( 17
min )
The student loan forgiveness program is dead, given the Supreme Court ruling against it. You may have other options for relief, including some brand-new ones.
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Thinking of renting out your house or apartment on Airbnb? If so, make sure that you check your city's regulations first.
( 26
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Is the U.S. economy at last headed for a long-predicted recession? As economists digest the latest data, some are stowing their tray tables for a “soft landing” from the past two years of high inflation, while others are bracing for a crash.
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While not every borrower will qualify for any student loan forgiveness, there's typically no harm in applying, and it could benefit your overall financial health.
( 27
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Airbnb (ABNB) and trillion-dollar asset manager Blackstone (BX) are the latest companies to be included in the S&P 500 Index, which could boost their shares in the coming weeks.
( 18
min )
As borrowers with federally held student loans prepare to resume payments, 4.1 million have enrolled in a new kind of repayment that takes less out of their budget each month.
( 17
min )
Exploring the effects of British mercantilism on its colonial economies, especially America.
( 24
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The Federal Aviation Authority (FAA) briefly issued a ground stop for all departing United Airlines aircrafts due to a "systemwide technology issue."
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Business cycle indicators are a composite of leading, lagging, and coincident indexes used to make economic forecasts.
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The cost of a good is inversely correlated to its quantity demanded according to the law of demand in microeconomic theory.
( 19
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If you don’t want to spend a few decades paying off your student loans, you can take steps like paying while in school, activating autopay, and more to speed it up.
( 24
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Refinancing can lower your student loan payments. But does it make sense for your financial situation?
( 24
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Typically, the federal government may reduce your annual Social Security income by an average of $2,500 if you fail to repay a student loan. However, there are scenarios where this won’t apply.
( 24
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The equation of exchange is a model that shows the relationship between money supply, price level, and other elements of the economy.
( 20
min )
Though the Olympic Games are the pinnacle of sport, they also hold the potential to wreak a high level of financial havoc on their host country.
( 25
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M1 Finance and Betterment are two top robo-advisors offering different services. Betterment is good for setting financial goals, while M1 Finance may be better for automated investing.
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Warner Bros. Discovery shares gained as the entertainment giant raised its 2023 free cash flow guidance, but warned that Hollywood strikes would negatively impact its earnings.
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U.S. equities declined at midday on Tuesday, Sept. 5, 2023 amid worries about higher oil prices and interest rates.
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The Series 79 exam is a prerequisite for getting an entry-level job as an investment banking representative.
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If you receive student loan forgiveness, your credit score may be positively impacted. While your debt is not erased, your debt-to-income ratio may go up, yielding a higher score.
( 24
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Intercontinental Exchange completed its $11.9 billion purchase of real estate software, data, and analytics company Black Knight after federal regulators dropped their opposition to the deal.
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An exculpatory clause is a portion of a contract that relieves a party of liability if damages caused during the execution of the contract.
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Averages for almost every mortgage type were flat or hovering, including rates on 30-year mortgages, which are holding just a bit above their three-week low.
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Interest rate sensitivity is a measure of how much the price of a fixed-income asset will fluctuate as a result of changes in interest rates.
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For those who have defaulted on their student loans, the good news is you have a few options to help you recover from it.
( 24
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Saudi Arabia said Tuesday it will keep oil production cuts in place until December, putting more upward pressure on oil prices which are trading near 10-month highs.
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U.K.-based Chip designer Arm is looking to raise up to $4.87 billion in the largest U.S. initial public offering (IPO) of the year yet, which could value the company at as much as $52 billion
( 18
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The International Monetary Fund (IMF) is an important tool to help struggling countries, but it's not without its problems.
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Each is different in their own way, but which system is better: the currency board or the central bank? Find out more about these systems in this article.
( 20
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It's been the summer of discontent for labor unions across industries, and the future of the way millions of people work and earn is in the balance. Suresh Naidu, Professor of Labor Economics at Columbia University, joins the show to explain the dynamics.
( 19
min )
Robo-advisor tax-loss harvesting is the automated selling of securities in a portfolio to deliberately incur losses to offset any capital gains or taxable income.
( 26
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Which type of brokerage account you choose depends on your needs and preferences. Find out the benefits of human, self-directed, and robo-advisors.
( 29
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Novo Nordisk pulled ahead of LVMH to become Europe’s most valuable company by market capitalization as it launches its popular weight-loss drug, Wegovy, in the U.K.
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Compare Wealthfront and Merrill Guided Investing to learn which of these top robo-advisors is the right one for your automated investing strategy and financial goals.
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Market-linked CDs sound great on the surface but have a significant downside. Consider the whole picture before you invest.
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The Fed raised rates to 5.25%–5.50% at its July meeting, resuming a its 11th hike after a temporary pause in June.
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The infant-industry theory states that new industries in developing countries need protection against competitive pressures until they mature.
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Find out what it takes to become a financial controller, starting with educational requirements and professional certification.
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The minimum balance is the minimum amount that a customer must have in an account to get a service, such as keeping the account open.
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Hong Kong is a financial and business center in China, known as a special administrative region (SAR).
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With a centuries-old history, BNY Mellon can still attract and retain its clients the old-fashioned way, while growing this company to gigantic proportions.
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Compare Betterment and Merrill Guided Investing, two top robo-advisors that can assist you with automated investing and learn which one is right for your finances.
( 28
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De Nederlandse economie zal in de rest van dit jaar nauwelijks nog groeien. Dat verwacht ABN AMRO, dat de prijsstijgingen en relatief beperkte handel met het buitenland als oorzaken ziet. Volgend jaar is er vermoedelijk wel een kleine groei.
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Alle zes de bedrijven die op Schiphol de bagage van reizigers verwerken, hebben een dwangsom opgelegd gekregen. Ze zouden hun personeel te zwaar of onveilig werk laten doen. Dat meldt de Arbeidsinspectie dinsdag.
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Invasieve exoten veroorzaken jaarlijks wereldwijd bijna 400 miljard euro schade. Dat bleek maandag uit een VN-rapport. Wat is het probleem eigenlijk? En speelt dit ook in Nederland?
( 5
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T-Mobile en Tele2 heten voortaan Odido (spreek uit: o-díé-do). Directeur Søren Abildgaard snapt wel dat mensen aan die naam moeten wennen. "Dat zullen mensen ook hebben gedacht toen Google net begon: wat een rare naam."
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Alle zes de bedrijven die op Schiphol de bagage van reizigers verwerken, hebben een dwangsom opgelegd gekregen. Ze zouden hun personeel te zwaar of onveilig werk laten doen. Dat meldt de Arbeidsinspectie dinsdag.
( 4
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Het Kadaster neemt binnenkort maatregelen om de bescherming van adresgegevens te verbeteren. Vanaf medio oktober kunnen veel minder mensen op naam zoeken in het register, waarin informatie over het bezit van woningen en ander vastgoed staat.
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min )
Modeketen Shoeby zit in de problemen en probeert een faillissement te voorkomen. Het bedrijf kwam in moeilijkheden tijdens de coronacrisis en wil tot een akkoord komen met schuldeisers.
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De prijs voor een vat Noordzeeolie steeg dinsdag voor het eerst in tien maanden tot boven de 90 dollar (84 euro). Dit kwam doordat Rusland bekendmaakte dat het zijn olieproductie langer beperkt. Saoedi-Arabië doet hetzelfde.
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Zes bedrijven die op Schiphol de bagage van reizigers verwerken, hebben een dwangsom opgelegd gekregen. Ze zouden hun personeel te zwaar of onveilig werk laten doen. Dat meldt de Arbeidsinspectie dinsdag.
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min )
Het noodlijdende Big Bazar krijgt opnieuw extra tijd om een akkoord met schuldeisers te sluiten. De koopjesketen rekende zelf op een naderend bankroet na een gerechtelijke uitspraak op maandag. Een dag later wist de ondernemingsraad een faillissement voorlopig af te wenden.
( 4
min )
De Duitse regering steekt de komende vijf jaar ruim 1 miljard euro in onderzoek naar kernfusie. "Fusie is een enorme kans om al onze energieproblemen op te lossen", zegt de Duitse minister van Onderwijs en Onderzoek Bettina Stark-Watzinger.
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Mensen die langer dan drie maanden een mobiel abonnement bij KPN of Vodafone hebben, krijgen op 1 oktober een flinke prijsverhoging voor de kiezen. Vodafone verhoogt zijn tarieven met 10 procent en KPN met maximaal 2,50 euro per maand.
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Veel Nederlanders met een huurhuis zouden liever kopen. Tegelijkertijd zijn er huizenbezitters die juist graag willen huren. Volgens economen van De Nederlandsche Bank (DNB) is er bij 1,8 miljoen huishoudens sprake van een mismatch.
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Binnenkort kom je misschien geen plantaardige 'biefstuk' of 'spareribs' meer tegen in de Franse supermarkt. De Franse regering wil het gebruik van dierlijke namen voor plantaardige alternatieven aan banden leggen.
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Steeds meer jonge werkenden hebben last van burn-outklachten. Bij jonge mannen heeft bijna een kwart (23 procent) te maken met dit soort klachten, bij vrouwen is dat zelfs bijna een op de drie (29 procent). Dat blijkt uit cijfers van kennisinstituut TNO en statistiekbureau CBS.
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We live in a digital world, powered by a digital economy, and that means that in the long term, we should look to the tech sector for strong stock results. Specifically, we need to be cognizant of AI. AI stocks have been in the public market for several years now, as the technology has made inroads into various niches – interactive chatbots, of course, but also autonomous vehicles, robotics, warehousing… even online content writing. There’s no doubt that AI is here to stay, and there’s no doubt
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Charlie Munger, Warren Buffett's right-hand man, spent $1,000 on oil royalties in 1962. He now receives 70 times that amount from them each year.
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Warren Buffett oversaw a nearly 3,800,000% rise in Berkshire Hathaway stock between 1965 and 2022, crushing the S&P 500's 25,000% gain in that period.
( 32
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(Bloomberg) -- In the emerging post-pandemic era, most aspects of life have returned to normal. Moviegoers are flocking to cinemas, vacationers jammed airports for summer travel and kids are returning to classrooms.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketBurning Man Festival Death Probed as Driving Ban Is LiftedThe one thing that ha
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What might seem to be farfetched tax mitigation tactics are perfectly legal, lawyers and bankers to the wealthy tell Insider.
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min )
The adoption of EVs has had little impact on oil demand since 2010, but faster adoption may lead to peak oil demand later this decade
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A more than $36 million verdict was issued against Werner over its failure to hire a deaf driver back in 2018 The post Werner hit with more than $36 million jury award in its failure to hire deaf driver applicant appeared first on FreightWaves.
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Coming up this week: PMI surveys, the Fed's Beige Book, and an inflation reading from China
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min )
(Bloomberg) -- Investors in sovereign bonds are mispricing a growing risk that has the potential to trigger downgrades, according to a study by analysts at Barclays Plc.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketZelenskiy Swaps Out Defense Minister in Wartime Cabinet ShakeupThe risk in question is the failure of countries to adequately
( 33
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Long-term care in residential facilities like nursing homes is a financial challenge for many. When dealing with a loved one who is disabled, elderly or ill, families often try every other kind of long-term care facility first. Because nursing homes … Continue reading → The post Nursing Home Costs: How You Can Cover Them appeared first on SmartAsset Blog.
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There's a reason that Social Security is called "the third rail of American politics" – as in, touch it and die. Most Americans – especially seniors – are fiercely protective when it comes to their retirement benefits. A financial advisor … Continue reading → The post Almost 8 in 10 People Oppose Raising the Full Retirement Age for Social Security appeared first on SmartAsset Blog.
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In this year's second-quarter earnings, Warren Buffett's Berkshire Hathaway Inc. revealed it had divested $8 billion in stocks. Immediately, financial news reporters with their fingers on the market's pulse began wondering what was up. Was this a hedge against an impending recession or possibly the precursor to a market nosedive? Steve Hanke, a prominent economist and academic at Johns Hopkins University in Baltimore, weighed in on the financial maneuver to Business Insider. He pointed out that
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The US dollar has rallied slightly against the Japanese yen during the trading session on Monday, but keep in mind it was Labor Day and the US.
( 32
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British chip designer Arm is eyeing a valuation between $50 billion and $55 billion for its IPO on the Nasdaq, according to The Wall Street Journal, citing people familiar with the matter.
( 23
min )
“The vision is to create a national banking network. They’re going to have to buy fill-ins."
( 23
min )
A net zero ban on petrol and diesel cars means European car makers risk being wiped out by cheaper Chinese competition, the chief of BMW has warned.
( 31
min )
Mercedes-Benz does not expect its sales in Europe to be all-electric by 2030 but will have its line-up ready, Chief Executive Ola Kaellenius said in an interview at the Munich car show. Europe's EV market had grown significantly in recent years but likely wouldn't be ready for all-electric sales by 2030, Kaellenius said on the sidelines of the Munich show. "It's not going to be 100% in 2030, obviously... from the whole European market, but probably from the Mercedes side as well," he said.
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This month is historically difficult for stocks. Investors will be hoping the momentum of several big companies can continue.
( 23
min )
Tharman Shanmugaratnam, who has previously called crypto "purely speculative" and "slightly crazy," was officially elected as Singapore's president early Saturday morning.
( 31
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BYD and XPeng are showing off new electric vehicles for the European market at the IAA Mobility event in Germany. Tesla is also appearing for the first time in ten years.
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Chinese electric vehicle maker Xpeng plans to expand into more European markets, including Germany, Britain and France in 2024, president Brian Gu told reporters on Monday at the IAA Mobility motor show in Munich. China's EV makers are seeking to expand in the region, aiming for higher margins and faster growth in overseas markets and challenging European companies on their home turf with cheaper models. While their EV sales picked up rapidly in South East Asia and South America, the European market has remained difficult for Chinese auto brands.
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Treasury 10-year yields have risen again lately, but why it may not last.
( 22
min )
The large e-commerce companies have become sensitive to macroeconomic developments in recent weeks, given their reliance on the health of the consumer.
( 22
min )
The industry push for an ether spot ETF will follow immediately after a bitcoin ETF approval since ETH has a similar market structure of a traded CME futures market and a spot market, the report said.
( 32
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Bitcoin and Ether have struggled to gain traction since the Securities and Exchange Commission (SEC) postponed its decision on seven Bitcoin ETF proposals.
( 32
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Thousands of individuals are referring neighbors and local businesses to a firm that has pursued billions in IRS refunds and created a bonanza for itself.
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The healthcare giant’s separation of its consumer-health business arms it with billions in cash for allocating capital in the remaining businesses.
( 26
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Global stocks climbed Monday, driven by a Chinese rebound as authorities eased mortgage rules to boost the country’s ailing property sector.
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(Bloomberg) -- US stock investors have gotten so confident that it’s concerning strategists at JPMorgan Chase & Co.Most Read from BloombergMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketZelenskiy Swaps Out Defense Minister in Wartime Cabinet ShakeupHuawei Teardown Shows Chip Breakthrough in Blow to US Sanctions“There is complacency in sentiment evident, VIX is near record low and positioning has increased” to above-average l
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min )
U.S. automaker Tesla sold 84,159 China-made electric vehicles (EVs) in August, a 9.3% rise from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday. Sales of China-made Model 3 and Model Y cars rose 30.9% from a month earlier. Chinese rival BYD, with its Dynasty and Ocean series of EVs and petrol-electric hybrid models, recorded deliveries of 274,086 passenger vehicles in August, a jump of 57.5% year-on-year.
( 31
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Kamat's exit follows a recent executive exodus from Binance that includes Chief Strategy Officer Patrick Hillmann and General Counsel Hon Ng. The cryptocurrency exchange has lately been under heavy regulatory scrutiny in the United States, with regulators aggressively clamping down on what they deem are illegal activities.
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(Bloomberg) -- The outlook for oil prices, crude demand in top importer China, and the longevity of OPEC+ supply cuts are set to be among the key topics at Asia’s biggest gathering of the industry’s traders and executives, which kicked off in Singapore on Monday.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing
( 31
min )
(Bloomberg) -- Turkish inflation accelerated to the fastest this year, underscoring the central bank’s challenge as it raises interest rates to try to end a cost-of-living crisis.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadZelenskiy Says He’s Removing Ukraine Defense Chief in RevampBurning Man Festival Death Probed With Thousands Still StrandedWith food and energy costs on the rise, the pace of ann
( 31
min )
European car manufacturers are being forced into a price war with Chinese companies as the EU pushes ahead with plans to ban combustion engines, the boss of BMW has warned.
( 30
min )
(Bloomberg) -- A dose of reality is tempering the outlook for Arm Ltd.’s public listing as the chip designer kicks off its roadshow this week, lowering expectations of both the valuation and the amount to be raised.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipZelenskiy Says He’s Removing Ukraine Defense Chief in RevampBurning Man Festival Death Probed With Thousands Still StrandedThe SoftBank
( 32
min )
(Bloomberg) -- A dose of reality is tempering the outlook for Arm Ltd.’s public listing as the chip designer kicks off its roadshow this week, lowering expectations of both the valuation and the amount to be raised.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipZelenskiy Says He’s Removing Ukraine Defense Chief in RevampBurning Man Festival Death Probed With Thousands Still StrandedThe SoftBank
( 32
min )
Labor Day became an official federal holiday in 1894.
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Stocks were higher in Asia on Monday after Wall Street was boosted by a report that signaled the US jobs market, while still healthy, is showing some signs of cooling. “It appears that global markets are primed to be smitten with the idea of a ‘Nirvana’ Fed tightening outcome, entailing the ‘immaculate dis-inflation’ that does not cause employment pain,” Tan Boon Heng of Mizuho Bank said in a commentary.
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(Bloomberg) -- Oil extended its rally to hit the highest level since November on expectations that supply cuts by OPEC+ leaders will tighten the market.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing Ukraine Defense Chief in RevampTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneWest Texas In
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The deal would be one of the largest in the lithium-mining industry.
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(Bloomberg) -- Asian stocks looked set for modest gains as traders mulled US jobs data that supported optimism the Federal Reserve is nearing the end of its tightening cycle. US markets are shut Monday for the Labor Day holiday.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted G
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Shares of Chinese property developers rose sharply, as more major cities said over the weekend that they would ease mortgage policies in a bid to shore up the real-estate sector.
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(Bloomberg) -- Chinese stocks listed in Hong Kong advanced on Monday after the nation rolled out further property support measures including lower down payments for homebuyers and looser mortgage rules at major cities. Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing Ukraine Defense Chief in RevampTesla’s $41,0
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Bitcoin edged up on Monday morning in Asia but remained below US$26,000. Ether also stayed range-bound at around US$1,650.
( 32
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Oil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and U.S. economic data, as well as expectations of ongoing crude supply cuts from major producers. Brent crude was up 17 cents, or 0.2%, at $88.72 a barrel at 0015 GMT. On the demand side, China's manufacturing activity unexpectedly expanded in August, data from Caixin's manufacturing PMI survey indicated, leading to renewed optimism about the economic health of the world's largest oil importer.
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Oil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and U.S. economic data, as well as expectations of ongoing crude supply cuts from major producers. Brent crude was up 17 cents, or 0.2%, at $88.72 a barrel at 0015 GMT. On the demand side, China's manufacturing activity unexpectedly expanded in August, data from Caixin's manufacturing PMI survey indicated, leading to renewed optimism about the economic health of the world's largest oil importer.
( 32
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Asian shares inched higher on Monday as markets wagered the Federal Reserve was done raising U.S. interest rates, and on hopes the drip feed of policy stimulus from Beijing would be enough to stabilise the Chinese economy. More policy action is also expected from Beijing, including relaxing restrictions on home buying. MSCI's broadest index of Asia-Pacific shares outside Japan inched up another 0.1%, having bounced 2.3% last week.
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(Bloomberg) -- This year’s US stock market rally is strong enough to withstand another leg higher for bond yields, according to the latest Markets Live Pulse survey.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing Ukraine Defense Chief in RevampTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted Gone
( 34
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Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. More than 40 CDs are paying rates of 5.50% or more
( 21
min )
Lehman Brothers developed the Lehman formula to determine the commission an investment bank should receive for arranging client transactions.
( 26
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Endogenous growth theory maintains that economic growth is primarily the result of endogenous and not external forces.
( 18
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The Troubled Asset Relief Program (TARP) created and run by the U.S. Treasury following the 2008 financial crisis and was designed to stabilize the financial system.
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A private good is one that benefits only the one consuming it, at the exclusion of all others.
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A deficit occurs when expenses exceed revenues, imports exceed exports, or liabilities exceed assets. Federal budget deficits add to the national debt.
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The time preference theory of interest explains interest rates in terms of people's preference to spend in the present over the future.
( 19
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As a measure of inflation, this index can help you make key financial decisions.
( 20
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Emigration is the relocation of people from one country to reside in another. Discover more about Emigration here.
( 19
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High-profile strikes in Hollywood and the threat of one in Detroit have earned this season the name the "summer of strikes," but the abundance of work disruptions may be a reflection of a sustained uptick in strikes in recent years rather than a unique hot period for union action.
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Deflation is a decrease in general price levels, while disinflation is what happens when price inflation slows down temporarily.
( 19
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Find out why Brazil and India, two of the largest and most important emerging market economies, appear to be headed in very different directions.
( 23
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A guaranteed investment certificate is a deposit investment security that Canadian banks and trust companies sell.
( 19
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Women are expected to live longer than men and can accrue higher medical costs over that lifespan. Yet, their health savings account balances on average lag men's by 15%, a new study found.
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Find out what equity research analysts do on a day-to-day basis, and learn more about the typical career progression for these securities professionals.
( 21
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The participation rate and unemployment rate are both used to gauge the health of the job market but in completely different ways.
( 23
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A wholesale price index (WPI) is an inflation indicator that measures change in the overall price level of goods before they are sold at retail.
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According to some pundits, the unemployment rate can be too low. Read on to find out why they think so.
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Find out how the U.S. Treasury and Federal Reserve create and implement policies to manage the economy and keep it stable.
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Many argue that ending the embargo on Cuba will not only make U.S. consumers happy, but also help Cuba's economy and bring greater freedom to the country.
( 24
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Classified Insurance is coverage provided to a policyholder that is considered more risky and thus less desirable to the insurer.
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Cleared funds are the money available in an account that can be used immediately since it has completely transferred to the user's account.
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Valued Policy Law (VPL) is a statute that requires insurance companies to pay the full value of a policy to the insured in the event of a total loss.
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Blanket insurance covers many types of property in one place, the same type of property in many places, or numerous properties in multiple places.
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Contributory value is the value contributed by a component or part to the total value of the whole.
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Actual total loss is a loss that occurs when an insured property is totally destroyed, lost or damaged to such an extent that it cannot be recovered.
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Personal injury protection (PIP) is a feature of auto insurance that covers medical expenses related to a car accident. It’s also known as “no-fault insurance.”
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Tax cuts, deregulation, and fiscal austerity aren’t necessarily a recipe for economic growth. Here’s why some economists disagree.
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A participating policy is insurance that pays dividends to policyholders. Dividends come from the profits of the insurance company that sold the policy.
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Het aantal modewinkels in ons land is sinds de coronacrisis met 10 procent gedaald. De hardste klappen zijn gevallen bij schoenenwinkels, damesmode en kinderkleding.
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Leiders van 54 Afrikaanse landen komen deze week voor een driedaagse klimaattop bijeen in Kenia. De top moet hun gezamenlijke stem versterken in aanloop naar de VN-klimaattop in november. Die stem verandert wel: Afrika ziet tegenwoordig óók kansen.
( 5
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Frankrijk wil net als in Duitsland een ov-kaart voor een vast bedrag per maand invoeren. Daarmee kunnen reizigers maandelijks onbeperkt gebruikmaken van bijvoorbeeld regionale treinen. Dat bevestigde de Franse president Emmanuel Macron maandag.
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Van de overheid geld krijgen voor bijvoorbeeld de aanschaf van een elektrische auto. Zo kennen we de term 'subsidie'. Dat ligt bij fossiele subsidies net even anders. Dit is het verschil.
( 2
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Studenten die langer over hun studie doen, komen toch in aanmerking voor een eenmalige energietoeslag als hun ouders een laag inkomen hebben. Dat meldt demissionair minister Carola Schouten van Armoedebeleid maandag.
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Het loket voor het STAP-budget, een potje van de overheid voor studiekosten, gaat op 18 september voor de vierde keer open. Om misbruik te voorkomen kan de subsidie van 1.000 euro alleen voor erkende opleidingen worden aangevraagd.
( 4
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Holland Norway Lines, dat met een veerboot overtochten naar Noorwegen aanbiedt, vaart niet meer naar het Noorse Kristiansand. De rederij is maandag failliet verklaard door de rechtbank.
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Het aantal huishoudens met een huurachterstand bij een woningcorporatie groeide met bijna 4 procent in 2022 ten opzichte van een jaar eerder. Ook klopten meer huurders bij de corporaties aan voor een betalingsregeling.
( 3
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Big Bazar krijgt van de rechter niet de tijd om met schuldeisers tot een akkoord te komen. Daardoor is de kans groot dat de koopjesketen dinsdagochtend failliet wordt verklaard, zegt Oscar van Oorschot, de advocaat van Big Bazar.
( 4
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Het loket voor het STAP-budget, een potje van de overheid voor studiekosten, gaat 18 september voor de vierde keer open. Om misbruik te voorkomen kan de subsidie van 1.000 euro alleen voor erkende opleidingen worden aangevraagd.
( 3
min )
De Turkse president Recep Tayyip Erdogan zegt vertrouwen te hebben in een snelle herstart van de graandeal. Hij sprak maandag met de Russische president Vladimir Poetin, die het akkoord in juli liet klappen.
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Big Bazar krijgt van de rechter niet de tijd om met schuldeisers tot een akkoord te komen. Daarmee is een faillissement van de koopjesketen dichterbij.
( 3
min )
Twee voetgangers kwamen zaterdagavond om het leven vanwege een aanrijding door een bestelbus. De bestuurder reed na het ongeluk door. Op ons reactieplatform NUjij vroegen lezers zich af: wat zijn de regels als je doorrijdt na een ongeval?
( 3
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Holland Norway Lines, dat met een veerboot overtochten naar Noorwegen aanbiedt, vaart niet meer naar het Noorse Kristiansand. De rederij is maandag failliet verklaard door de rechtbank.
( 3
min )
Voor mensen met een gat in hun hand, voor wie de maand altijd net te lang duurt en voor diegenen die door de duurdere boodschappen moeilijker rondkomen: voor hen vroeg NU.nl aan twee experts hoe je toch een spaarpotje kunt opbouwen.
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De prijzen in Turkije waren vorige maand gemiddeld 59 procent hoger dan een jaar eerder. Dat is een groter verschil dan de 48 procent in juli.
( 4
min )
Klanten van Eneco kunnen binnenkort dynamische contracten afsluiten. Daarbij wisselen de stroomtarieven per uur en geldt voor gas dagelijks een andere prijs. Eneco is de eerste van de grote energiemaatschappijen die zo'n contract aanbiedt.
( 3
min )
Steeds meer instellingen voor ouderenzorg zitten in financiële moeilijkheden. Als er niets verandert, zijn faillissementen volgens accountantskantoor BDO onvermijdelijk.
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Klanten van Eneco kunnen binnenkort dynamische contracten afsluiten, waarbij de stroomtarieven per uur wisselen en voor gas dagelijks een andere prijs geldt. Eneco is de eerste van de grote energiemaatschappijen die zo’n contract aanbiedt.
( 3
min )
Kun jij een maand zonder Google? Die kans is erg klein. Het techbedrijf is overal aanwezig met zijn producten en diensten. Dat is bijzonder, want het bedrijf viert maandag 'pas' zijn 25e verjaardag.
( 4
min )
De Nederlandse overheid loopt nog meer geld mis door fossiele subsidies dan tot nu toe werd gedacht. Dat stellen drie grote milieuorganisaties na onderzoek in samenwerking met de TU Eindhoven. In totaal gaat het om 37,5 miljard euro per jaar.
( 4
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Kun jij een maand zonder Google? Die kans is erg klein. Het techbedrijf is overal aanwezig met zijn producten en diensten. Dat is bijzonder, want het bedrijf viert maandag 'pas' zijn 25e verjaardag.
( 4
min )
Bedrijven kunnen nu al moeilijk aan personeel komen, maar uitkeringsinstantie UWV verwacht dat vergrijzing dit de komende jaren nog verergert. Vooral na 2025 zijn er structureel te weinig mensen beschikbaar. Digitalisering, arbeidsmigranten en werken na het pensioen kunnen dit oplossen.
( 5
min )
(Bloomberg) -- Albemarle Corp. sweetened its takeover offer for Liontown Resources Ltd. to $4.3 billion as the world’s top lithium producer stepped up efforts to expand its footprint in hard rock-based assets.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. I
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Country Garden's deal with creditors for an extension on onshore debt payments worth 3.9 billion yuan ($537 million) has brought the developer and China's crisis-ridden property sector some much-needed respite. But while investors in the company and China economy-watchers alike may be heaving sighs of relief, it remains to be seen whether a raft of government stimulus measures will soon help revive demand and ease the sector's cash squeeze. The financial woes of China's top private developer have only further highlighted the fragile state of the country's real estate industry which accounts for roughly a quarter of the economy and has been in dire debt straits since 2021.
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Australia's Liontown Resources said on Monday it recommended a revised takeover offer from U.S.-based Albemarle Corp valuing the company at A$6.6 billion ($4.26 billion). The new offer price is A$3 per share, higher than A$2.5 the company received in March. ($1 = 1.5504 Australian dollars)
( 31
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The demands that a more combative United Auto Workers union has pressed on General Motors, Stellantis and Ford — demands that even the UAW's own president calls “audacious” — are edging it closer to a strike when its contract ends Sept. 14. The automakers, which are making billions in profits, have dismissed the UAW's wish list.
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Beijing has pushed renminbi as alternative global currency to dollar
( 8
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First, let’s start with Autopilot, Tesla’s advanced driver assistance system (ADAS). As part of an ongoing investigation into the ADAS after a series of Teslas crashed into emergency vehicles, the National Highway Traffic Safety Administration (NHTSA) is requesting more info from the automaker. The NHTSA said this could “lead to greater driver inattention and failure of the driver to properly supervise Autopilot.”
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Stock and bond markets will be closed Monday for Labor Day. Then, earnings reports from Zscaler, Gitlab, and Kroger. Plus, Services PMI data, the Fed's Beige Book, and more.
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min )
Homeowners are facing a “cost of owning crisis” as rapidly falling house prices push tens of thousands into negative equity.
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Disney wants to narrow the scope of its federal lawsuit against Gov. Ron DeSantis to just a free speech claim that the Florida governor retaliated against the company because of its public opposition to a state law banning classroom lessons on sexual orientation and gender identity in early grades. Disney on Friday asked a federal judge for permission to file an amended complaint focusing just on the First Amendment claim and leaving to another, state-court lawsuit questions about the legality of agreements the company signed with Disney World's governing district, then-made up of Disney supporters. The agreements were signed before DeSantis and the GOP-controlled Florida Legislature took over the governmental body in the spring.
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Toll Brothers (TOL) shares have jumped 68% in 2023. This uptrend is being powered by mega demand for the stock.
( 32
min )
Lattice Semiconductor Corp. (LSCC) shares have jumped 50% in 2023. This uptrend is being powered by mega demand for the stock.
( 32
min )
The U.S. regains its lead in global natural gas production, setting a new record high in 2022, even as consumption grows and exports increase.
( 33
min )
A new study suggests that “investors overvalue the pleasure” of tax-exemption.
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After beginning the year at record levels, global events have caused market volatility to jump and equities to fall. The S&P 500 Index is experiencing its first major correction since 2020, so investors are understandably looking to safeguard their assets. … Continue reading → The post Schwab Says This Can Double Your Retirement Savings appeared first on SmartAsset Blog.
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Tesla raised the price for a newer version of the Model 3 sedan, but they dropped the price of something else that might have investors confused.
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After the Labor Day holiday, investors will kick off the first week of September with a host of earnings and Goldman's technology conference featuring the world's biggest AI players.
( 32
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Summer is shifting into fall, and winter won’t be far behind, followed by the holidays and the New Year – and already, investors are thinking about finding the best stocks to shape up their portfolios for 2024. Meanwhile, the analysts at Goldman Sachs have been busy curating their ‘top picks’ for the coming year. Goldman Sachs’ Top Picks give investors a useful pointer toward solid stock choices, but they aren’t the only one. Another comes from the Smart Score, an AI-driven, algorithm-based data
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For many beer drinkers, 2023 has been a depressing year.
( 32
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This week in Borderlands: Solar panel maker building $1B factory in New Mexico; McMaster-Carr to open $360M distribution center in Fort Worth; Startup Aircon raises $3.3M in seed funding; and Texas-based Ever.Ag acquires logistics platform. The post Borderlands: Solar panel maker to build $1B factory in New Mexico appeared first on FreightWaves.
( 32
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(Bloomberg) -- Saudi Arabia’s sovereign wealth fund is set to create a new steel giant with the acquisition of the metals unit of chemicals maker Saudi Basic Industries Corp. for an enterprise value of 12.5 billion riyals ($3.3 billion).Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. Is It Time to Pull Out Our Masks Again?BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYDJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies
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min )
Softbank’s lofty ambitions for chip maker Arm have fallen short. Now the market is about to issue its verdict on the deal.
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The gap between federal spending and revenue is widening, but not for reasons that stimulate the economy.
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(Bloomberg) -- Swiss luxury watchmakers who’ve weathered the rise of smartwatches, a pandemic and the highest inflation in decades say they’re worried about a new threat: the strong franc.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. Is It Time to Pull Out
( 31
min )
Thousands of companies have added Roth 401(k)s to their retirement plans. Getting the math right is proving tricky.
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min )
(Bloomberg) -- Oil’s having a rocky year, swung by jitters over China’s slowdown, OPEC+ supply cuts, and the fallout from the Federal Reserve’s tightening campaign. The tensions wrongfooted many traders as prices sank, then recovered. Now, what comes next is up for debate in Singapore.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies at 76BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYD
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min )
What does an equity research analyst do on an everyday basis?
( 20
min )
This controversial monetary policy has been used by some of the world's most powerful economies. But does it work?
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min )
The financial account is a component of a country’s balance of payments that outlines the net increases and decreases in ownership of a country’s assets.
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min )
Learn how to interpret the relationships between price, volume, and open interest in the options and futures markets.
( 23
min )
If you have federal student loans, you have several repayment options. An IDR plan allows you to make payments based on your income and family size, ensuring you pay what you can afford.
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min )
A quantity discount is an incentive offered to buyers that results in a decreased cost per unit of goods or materials when purchased in bulk.
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min )
The debate rages on about whether insider trading is good or bad for financial markets. Some want it to be legal, and others want it to stay a crime.
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min )
Don't let your outdated resume prevent you from getting the job of your dreams.
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min )
Personal Income and Outlays is a report produced by the Bureau of Economic Analysis that tracks personal income and monthly spending.
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min )
Before going after that internship, discover the steps you can take to increase your chances of landing a position.
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Either an MBA or a CFA can get you in the door, but an MBA from a prestigious B-school could give you an edge.
( 19
min )
A telex release is a convenient option for shippers who do not need original documents for their accounting or legal records.
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min )
According to the Ricardo-Barro effect, also known as Ricardian equivalence, increased debt-financed government spending leaves demand unchanged.
( 19
min )
Overcrowding, staffing shortages, and widespread cancellations are hobbling air travel at a time that industry analysts had hoped would deliver a return to normalcy.
( 21
min )
The Federal Reserve's open market operations—the purchase or sale of government bonds and other securities—can push interest rates and the money supply lower or higher.
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While artificial intelligence could supplant some occupations, it could also help bridge labor shortages. Slower AI adoption would give the labor market time to transition, a report concludes.
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min )
An associate in claims (AIC) is a professional designation for professionals with enhanced skill training to handle different types of claims.
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min )
The neoclassical growth theory is an economic concept where equilibrium is found by varying the labor amount and capital in the production function.
( 19
min )
The average American now spends close to $13,000 a year on healthcare, and the costs are still rising. But why?
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min )
Kredietverstrekkers gebruiken vanaf 4 september strengere leennormen. Dit betekent dat we minder kunnen lenen om bijvoorbeeld een auto te kopen.
( 3
min )
Indonesië wil buitenlandse investeerders aantrekken door zogenoemde gouden visa te verstrekken. Afhankelijk van de hoogte van het geïnvesteerde bedrag kunnen geldschieters voor een bepaalde periode van meerdere jaren in het land verblijven.
( 3
min )
Advocaat Bénédicte Ficq doet maandagochtend namens ruim 2.600 mensen aangifte tegen chemisch bedrijf Chemours in Dordrecht. Zij beschuldigen de leidinggevenden van de fabriek ervan jarenlang met opzet giftige stoffen te hebben geloosd. Dit zijn de vijf belangrijkste vragen en antwoorden.
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A hurdle rate is the minimum rate of return a project or investment must achieve before the manager or investor approves a predetermined condition.
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Structural unemployment is difficult to measure, but there are hints in the data that the spike in unemployment following the crisis was not purely cyclical.
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min )
Most of the healthcare issues can be solved without too much effort, but it is important to plan ahead to avoid gaps in coverage.
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min )
Learn what a recession is, what an economy in a recession looks like, and why the unemployment rate tends to rise during a recession.
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min )
Defaults on student loans happen all the time and they can have substantial consequences on a borrower's financial future, but legislation pends to help out.
( 23
min )
Life insurance and annuities allow individuals to invest on a tax-deferred basis, but how they pay policyholders is different. Learn how each works.
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min )
Roll rate refers to the percentage of credit card users who become increasingly delinquent on their accounts.
( 23
min )
Learn about the price elasticity of supply, the law of supply, and why a price change can alter the pricing of goods in an economy.
( 23
min )
There are several student loan repayment options you can choose from to pay off your debt. Learn what they are and how to pick the right one for you.
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min )
A base year is the first of a series of years in an economic or financial index. Base years are also used to measure the growth of a company.
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min )
Bitcoin has a strong presence in these 10 cities, as indicated by the number of ATMs that dispense it and merchants who accept it.
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min )
A gatekeeper is an individual or institution that regulates access to medical care. It's a set of requirements for receiving payouts in long-term care insurance.
( 23
min )
ISO 14000 is a set of standards created to help businesses manage their environmental impact.
( 23
min )
Current transfers are current account transactions in which a resident entity in one nation provides a non-resident entity with an economic value.
( 19
min )
The Commerce Secretary overseas a vast business and commerce engine that drives the US economy.
( 21
min )
Federal student loans can be subsidized or unsubsidized. Both types have to be paid back with interest, but the government makes some interest payments on subsidized loans.
( 27
min )
Cybersecurity company CrowdStrike (CRWD) posted solid earnings for the fiscal quarter ended July 31, driven by the robust performance of its AI-powered Falcon platform.
( 17
min )
Ashton Kutcher’s venture capital firm, Sound Ventures LLC, is among the investors for open source AI company, Hugging Face. Kutcher has a net worth of $200 million thanks to acting and investing.
( 18
min )
Spending on Beyoncé’s Renaissance Tour, Taylor Swift’s Eras Tour, and movie tickets for the summer’s hit films Barbie and Oppenheimer is expected to add about $8.5 billion to the economy in Q3 of 2023, according to a report by Morgan Stanley.
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min )
A collateralized borrowing and lending obligation (CBLO) is a financial instrument offered in which financial entities can secure short-term loans by providing collateral.
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min )
Cash and cash equivalents are the first items on a company's balance sheet, but they are not same.
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min )
Every taxpayer is required to pay their share to fund Medicaid and Medicare. Here's what it costs Americans and what you can expect to pay.
( 28
min )
A home inventory crunch has pushed prices higher - and that's kept Americans sidelined and forced real estate investors to pull back on spending.
( 32
min )
(Bloomberg) -- For the first time since the Federal Reserve started raising interest rates almost 18 months ago, the labor market is showing enough cracks to embolden some of the world’s largest bond investors to bet that the tightening cycle is finally ending.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies at 76Saola Departs Hong Kong After Bringing Destructive WindsBMW Unwraps Next-Generation E
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min )
(Bloomberg) -- Regional banks are poised to return to the debt markets in the biggest wave since June to meet new capital requirements in response to the failures of Silicon Valley Bank and Signature Bank.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. Is It Time to Pull Out Our Masks Again?BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYDJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies at 76Diamond Prices Are in Free
( 34
min )
Robinhood bought back 55 million shares owned by SBF's Emergent Fidelity Technologies after four parties laid claim to the stock.
( 31
min )
I insisted for years that a seasonal pattern doesn’t exist for stocks. A recent study has changed my mind.
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min )
The singer, author, and entrepreneur built an enormous business empire valued at several hundred million dollars.
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min )
For most fund categories, the answer is yes, according to new research.
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Cybersecurity company CrowdStrike (CRWD) posted solid earnings for the fiscal quarter ended July 31, driven by the robust performance of its AI-powered Falcon platform.
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Buc-ee's is expanding beyond its Southern stronghold, here's where it's coming to and what to check out.
( 31
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Tiger 'cub' Chase Coleman III's firm backed the equivalent of a startup a day in 2021 at wild prices, helping inflate a venture bubble. Now the firm is facing a reckoning.
( 40
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The call answer rate on the main IRS line for taxpayers wanting to speak to a person rose to 87% during this tax filing season from 15% last year
( 22
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Long before quiet quitting, boomers rejected "working for the man," says UNC sociologist Arne Kalleberg, "which is exactly what’s happening now."
( 34
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Dipak Gupta, currently the joint managing director, will carry out the chief executive duties until Dec. 31, the bank added. Kotak's resignation comes four months ahead of his planned retirement at the end of this year. In the meantime, the bank has already made an application for the new managing director to India's central bank.
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(Bloomberg) -- The history of commodity markets is littered with fraud and risk, and the opaque trade in scrap metal is no exception. But even veterans with decades of experience say they’ve never seen anything like the scam now rocking one of the world’s top copper recyclers.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Departs Hong Kong After Bringing Destructive WindsTesla Refreshes Model 3 and Slashes Prices of Top-End CarsSingapore Votes fo
( 34
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Starting next year, 529 investors will have more flexibility in rolling leftover money into Roth IRAs.
( 25
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These companies will fare well even if the Federal Reserve keeps interest rates high for a while.
( 22
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(Bloomberg) -- Europe’s stagflation crisis and a property downturn in China are flashing a familiar message: for equity investors, there is no real alternative to the US stock market.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Departs Hong Kong After Bringing Destructive WindsTesla Refreshes Model 3 and Slashes Prices of Top-End CarsSingapore Votes for President in Test of Ruling Party’s SwayMohamed Al Fayed, Tycoon Who Clashed With Royals, Di
( 34
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Walmart spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve liabilities with some PhonePe shareholders, illustrating just how aggressively it's betting on India at a time when its chief global rival Amazon is scaling back on its expenditures in the South Asian market. The $3.5 billion spending took place in the first six months of 2023, Walmart disclosed in an SEC filing Friday. Walmart's ownership in Flipkart now stands at about 80%.
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Steady hiring and robust consumer spending offer the latest evidence that the government’s policy responses to the pandemic made the economy surprisingly strong.
( 28
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The Federal Reserve’s rate increases have raised the income from money-market funds 300 times, but its own losses are about to hit $100 billion, writes Allan Sloan.
( 22
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Fry's Sunnyvale store site is about to have a new owner.
( 21
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The company put $30 million on the table, but a controversial Texas Two-Step is walling off more than $1 billion in revenue from creditors.
( 34
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De Europese Centrale Bank (ECB) zal de rente waarschijnlijk nog verder verhogen in de strijd tegen de hoge inflatie voordat een pauze wordt genomen. Dat zei de Belgische centralebankpresident Pierre Wunsch op het Belgische Radio 1.
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De handel tussen Italië en China is niet zo sterk verbeterd als was gehoopt door de Italiaanse deelname aan de zogeheten Nieuwe Zijderoute vier jaar geleden. Dat zei de Italiaanse minister van Buitenlandse Zaken Antonio Tajani kort voor vertrek naar China.
( 3
min )
De Britse regering is dicht bij een overeenkomst over een steunpakket van 500 miljoen pond, omgerekend 584 miljoen euro, voor Tata Steel. Het bedrijf is eigenaar van de grootste staalfabrieken van het Verenigd Koninkrijk.
( 3
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Winkeliers in Pakistan hebben zaterdag door het hele land hun winkels gesloten uit protest tegen de sterk gestegen prijzen van elektriciteit en brandstof. In grote steden als Lahore, Karachi en Pesjawar waren ook markten dicht.
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De Duitse autofabrikant BMW heeft zaterdag zijn nieuwe concept voor elektrische auto's gepresenteerd, de zogenoemde 'Vision Neue Klasse'.
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Natuurherstel staat de komende tijd hoog op de Europese agenda. Ook in steden en dorpen moet de natuur terugkomen; de biodiversiteit moet omhoog. Maar hoe brengen we het groen terug tussen het grijs?
( 5
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Sinds juni kunnen consumenten hun energieprijzen weer makkelijk voor langere tijd vastzetten, en dat deden ze massaal. Toch wacht een meerderheid nog met een vast contract. De groep met een variabel tarief is veel groter dan voor de energiecrisis.
( 6
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Vanaf dit najaar zijn de meeste eieren in de schappen van Albert Heijn wit in plaats van bruin. Ook bij Jumbo tref je steeds meer witte eieren aan. De witte eieren zouden duurzamer zijn, maar pluimveehouders zijn sceptisch.
( 4
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J&J plans to maintain its quarterly dividend even after separating its Kenvue business. It didn't have to do that to keep its status as a Dividend Aristocrat.
( 22
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Customers of Arm Holdings Ltd including Apple Inc, Nvidia Corp, Alphabet Inc and Advanced Micro Devices Inc are set to invest in the chip designer's initial public offering, according to people familiar with the matter. Intel Corp, Samsung Electronics Co Ltd, Cadence Design Systems Inc and Synopsys Inc are also being lined up as investors for the offering, the sources added.
( 32
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(Bloomberg) -- SoftBank Group Corp. has lined up some of Arm Ltd.’s biggest customers as strategic investors for the chip company’s initial public offering, including Apple Inc., Nvidia Corp., Intel Corp. and Samsung Electronics Co., according to people familiar with the situation.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Departs Hong Kong After Bringing Destructive WindsTesla Refreshes Model 3 and Slashes Prices of Top-End CarsSingapore Vot
( 33
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The increasingly constrained global supplies of fossil fuels like oil, coal, and natural gas will affect prices and create economic and social challenges.
( 42
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This could be a balmy month for markets as corporate earnings look poised for liftoff and profit margins expand.
( 22
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(Bloomberg) -- Carvana Co. has completed its debt restructuring with a majority of creditors agreeing to participate in the deal, slashing about $1.3 billion of debt and saving the company more than $455 million of interest expense annually over the next two years. Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Departs Hong Kong After Bringing Destructive WindsTesla Refreshes Model 3 and Slashes Prices of Top-End CarsSingapore Votes for President
( 32
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It replaces Lincoln National in the popular index.
( 22
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The three-and-a-half-year reprieve on interest for federal student loan borrowers came to an end Friday—but borrowers have new options to avoid it.
( 20
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(Bloomberg) -- Private equity giant Blackstone Inc. is the latest addition to the S&P 500 Index, the first alternative asset manager to join the equity gauge. Airbnb Inc. is added as well.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Weakens After Bringing Destructive Winds to Hong KongTesla Refreshes Model 3 and Slashes Prices of Top-End CarsSingapore Picks Tharman as President in Ruling Party BoostEurope's Biggest Oil Company Quietly Shelves a
( 32
min )
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Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. More than 40 CDs are paying rates of 5.50% or more
( 21
min )
Wells Fargo & Co. is cutting more than 300 jobs in one area of the bank where cutbacks may be good news — complaints and remediations.
( 21
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Liquidity problems at two immensely large Chinese companies with real estate holdings are adding to concern that a bubble in Chinese property values could burst and spray the rest of the world with financial contagion. The two Chinese companies’ cash shortage hasn’t triggered a crisis like the one that erupted 15 years ago in the United States and that disrupted the global economy, after a wave of home foreclosures flattened the value of subprime mortgage-backed securities that Lehman and other banks held.
( 38
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The accumulation by BTC whales suggests optimism among large investors, IntoTheBlock’s head of research noted.
( 32
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Shares of Dell jumped Friday, closing 21% higher. Street-beating quarterly per-share earnings and revenue, reported Thursday night, helped, but enthusiasm about the outlook for AI-related business fanned the flames.
Dell's stock finished at a record high, $68.19, according to Dow Jones Market Data,
( 23
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Shares of the hydrogen fuel cell company Plug Power (NASDAQ:PLUG) have been kind of on the fritz lately, experiencing a decline of about 35% in August. The August 9 earnings report, which indicated Plug’s sales had risen by a robust 72%, also revealed losses that were 50% worse than what analysts had expected – a factor that contributed to the decline in the company’s stock. And yet, one analyst isn’t quite ready to throw in the towel on Plug just yet. In a note out Monday, Jefferies’ Dushyant A
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Walgreens Boots Alliance shares tumbled to levels not seen in almost a quarter century after CEO Rosalind Brewer stepped down after less than three years at the helm.
( 18
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Graham, a longtime board member, is running the company alongside an interim CFO.
( 34
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Chinese electric car company Nio Inc. (NYSE:NIO) would really like to become the Tesla (NASDAQ:TSLA) of China one day. But if this week’s earnings report is any guide, Nio still has miles to go before it reaches its destination. Reporting its Q2 2023 financial results Tuesday morning, Nio managed to miss pretty much every goalpost that Wall Street had set for the company. On sales, Street analysts had hoped Nio would report RMB9.2 billion, but the most Nio could scratch together was RMB8.8 billi
( 33
min )
Buffett and Ramaswamy are both bargain hunters with a taste for holding companies, who worry about the clash between business and social issues.
( 32
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LPG, BRY, RC, CALM, and FRO have the highest forward dividend yields of stocks in the Russell 3000.
( 24
min )
People following early retirement plans like the popular Financial Independence, Retire Early (FIRE) approach have a new ally in their arsenal — ChatGPT. The leading artificial intelligence (AI) language model gives people an array of personalized tools to help them prepare for early retirement. It also can guide them on where to live and how to stay engaged during their lengthy golden years. If someone needs some extra cash to fund their lifestyle, they can also use ChatGPT to make some side mo
( 32
min )
Louisville Ford workers vote in favor of potential strike, which looms less than two weeks away. Find out what the union chief thinks about Ford's latest offer.
( 23
min )
Shares of Tesla fell Friday, pulled lower by concerns about the pricing on an updated vehicle and competition in China.
The electric automaker's stock was recently down more than 5%, among the S&P 500's worst performers, though it's up more than 3% this week. The company today unveiled a refreshed
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The warrants, which can be exercised starting Sept. 13, offer an opportunity for a gain of more than $11.50 a share. At least in theory.
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Top defense stocks for Q3 based on value, growth, and performance include TGI, CAE, and EH.
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min )
In order to achieve financial success, it's important to make smart decisions with your money. Jaspreet Singh, widely known as ‘Minority Mindset’ on YouTube, is a respected expert in financial planning who is dedicated to spreading financial knowledge and helping people reach their financial goals. Through his brand Minority Mindset, Singh has positively impacted many lives by providing free financial newsletters through Market Briefs and educating people about investing through the Market Insid
( 32
min )
China's BYD and Tesla are well placed to grow their market share through to 2030. European car manufacturers Volkswagen and Renault are in trouble, according to UBS.
( 23
min )
Bullish Momentum From Grayscale’s Legal Victory On Tuesday Gives Way To Regulatory Pessimism
( 33
min )
↘️ Tesla (TSLA): The electric-vehicle maker's shares fell 3.5% in morning trading after it [unveiled a new Model 3 with a steeper price tag](https://www.wsj.com/business/autos/tesla-unveils-new-model-3-in-china-with-longer-rangeand-a-steeper-price-t
( 24
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When it comes time to start taking your retirement income, you'll hopefully have an array of options available to you. Just be sure to avoid these mistakes.
( 32
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(Bloomberg) -- BlackRock Inc.’s chief investment officer for global fixed income, Rick Rieder, said the cooling labor market supports speculation that the Federal Reserve is done raising rates, making bonds more appealing than they have been in months. Most Read from BloombergEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintHong Kong Slammed by Saola, Biggest Typhoon Since 2018Hong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were
( 33
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"Taylor Swift: The Eras Tour" concert film hit $26 million in ticket sales on Thursday, crushing AMC's previous single-day sales record.
( 22
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U.S. crude oil stocks have fallen to their lowest level this year and likely will shrink further, analysts said, as record demand, producer supply cuts, weaker futures and rising storage costs all point to increasing drawdowns. A tight crude market is poised to extend into 2024 and add upward pressure on global oil prices, they said. In a bullish sign, U.S. inventories last week dropped 10.6 million barrels, hitting the lowest level since December 2022's 420.65 million barrels.
( 32
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Shares of Eos Energy are up more than 35% Friday after the Energy Department committed to loan the battery storage startup nearly $400 million to manufacture its zinc batteries.
It's the latest boost for Eos, which was battered by high costs, production challenges and skepticism from short sellers
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Top cannabis stocks for Q3 based on value, growth, and performance include CRLBF, TLRY, and TSNDF.
( 21
min )
Warner Bros. Discovery CEO David Zaslav has a big salary and a big task at the parent company for CNN and Max: turning around a media giant saddled with high debt and multiple challenges
( 45
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Rosalind Brewer has stepped down less than three years after taking the helm of the pharmacy operator.
( 26
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The CEO of Walgreens Boots has stepped down after less than three years at the helm of the drug store chain. Walgreens Boots Alliance confirmed Rosalind Brewer's exit Friday. According to the Illinois company, the board of directors and Brewer “mutually agreed” to her resignation effective Thursday.
( 31
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It seems that the August market swoon bottomed out two weeks ago, and since then, stocks have regained about half of this month’s losses. This shift has given a renewed boost to investors’ positive sentiment, which has run high throughout the year and fueled a strong rally. However, there are still headwinds in the wings. Writing from Raymond James, CIO Larry Adam points out that while inflation has decreased, its uncertainty remains, and fiscal dynamics are likely to increase pressure on the ge
( 35
min )
Robinhood said on Friday it had entered into a share repurchase agreement with the United States Marshal Service(USMS) to buy back stock from Sam Bankman-Fried's Emergent Fidelity Technologies. The shares of Robinhood were seized and subsequently transferred to the custody of the U.S. government after Bankman-Fried's FTX and Emergent filed for bankruptcy protection last year.
( 31
min )
Broadcom was expected to be one of the biggest beneficiaries of the artificial intelligence (AI) boom, behind trailblazer Nvidia, but the company's exposure to sluggish segments such as smartphones, telecoms gear and non-AI servers is impeding growth. "Off the back of Nvidia's blowout earnings update, anything less than stellar is being seen as disappointing," said Danni Hewson, head of financial analysis at AJ Bell.
( 31
min )
After Grayscale’s legal win, the SEC decided to postpone its decision on spot Bitcoin ETF applications. Will these proposals be greenlit? And when?
( 34
min )
Walgreens Boots Alliance Chief Executive Rosalind Brewer has stepped down less than three years after taking the helm of the pharmacy operator.
( 25
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(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said the US economy faces a period of some disruption as debts are refinanced at significantly higher interest rates, putting some pressure on both financial institutions and the government.Most Read from BloombergEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EnginePutin M
( 31
min )
(Bloomberg) -- Brittle financial markets and their vulnerability to swings in data are troubling observers gathered by Lake Como just as investors take fright at the prospect of stagflation in Europe.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Weakens After Bringing ‘Destructive’ Winds to Hong KongSingapore Picks Tharman as President in Ruling Party BoostTesla Refreshes Model 3 and Slashes Prices of Top-End CarsEurope's Biggest Oil Company Qui
( 33
min )
(Bloomberg) -- Saudi Arabia’s crude exports fell sharply in August as the kingdom leads an effort by the OPEC+ alliance to curb production and bolster oil prices.Most Read from BloombergEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EnginePutin Moves to Seize Control of Wagner’s Mercenary EmpireIndia-China Tensions Threaten to Leave Modi Empty-
( 32
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"The clear threat is that many struggling households may soon find their credit cards are being maxed out and they can’t obtain more credit."
( 32
min )
FedEx’s 2024 rate increases highlight the many moving parts that UPS will need to manage. The post With FedEx GRI in books, ball now in UPS’ court appeared first on FreightWaves.
( 34
min )
Palantir stock had a rough August. It seems AI hype can only take you so far.
( 22
min )
Bullish investors poured money into tech stocks for the 10th straight week, the longest streak in two years BofA Global Research said, while U.S. Treasuries are set for their worst yearly performance since the Declaration of Independence. There were a net $10.3 billion of inflows into equity funds in the week to Wednesday, with investors putting $5.1 billion into tech stocks, the most since May, and $4.9 billion into emerging market stocks, BofA said on Friday, citing data from provider EPFR. Investors have been buying stocks on increasing hopes that the U.S. economy will achieve a soft landing - slowing enough to bring inflation back to the Federal Reserve's target, but not dramatically.
( 32
min )
(Bloomberg) -- Jon S. Corzine’s critics are making a renewed effort to halt the comeback attempt of the former head of MF Global Holdings more than a decade after the derivatives brokerage imploded and about $1 billion in customer money went missing.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintFake Spare Parts Were Supplied to Fix Top-Selling Jet EnginePutin Moves to Seiz
( 33
min )
I am in a quandary about how to invest $750,000 that’s in my 401(k). I'm 67 years old, retired and I have not started taking Social Security yet. What is the best way to preserve this money for the rest of my life that doesn't have high fees? -Terry As you know, the big challenge […] The post Ask an Advisor: I’m 67 with $750K in a 401(k). How Can I Preserve This Money for the Rest of My Life? appeared first on SmartReads by SmartAsset.
( 35
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Combined deliveries from Li Auto, NIO, and XPeng total more than 68,000 units in August, a record month, and up from about 25,000 units a year ago.
( 23
min )
Adjusted second-quarter earnings from Dell Technologies soundly top analysts' estimates, Broadcom's revenue guidance for its fiscal fourth quarter is in line with Wall Street forecasts, Tesla unveils a revamped Model 3 with a longer range, and Nutanix issues strong fiscal first-quarter sales guidance.
( 23
min )
The stock was falling in premarket trading on Friday, with investors seemingly disappointed by its earnings.
( 23
min )
(Bloomberg) -- The Federal Reserve may very well be done hiking rates for now, but US stocks still face a pullback from the risk of a hard economic landing, according to Bank of America Corp. strategists.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EnginePutin Moves to Seize Control of Wagner’s Mercenary EmpireEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintUBS Flag
( 32
min )
(Bloomberg) -- Europe’s top copper producer Aurubis AG warned it may face losses in the hundreds of millions of euros after being hit by a massive metal theft, and no longer expects to meet its profit forecast for the year.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EnginePutin Moves to Seize Control of Wagner’s Mercenary EmpireEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbo
( 32
min )
(Bloomberg) -- Samsung Electronics Co. leapt more than 6% on speculation the company has won the right to compete with arch-foe SK Hynix Inc. to supply advanced memory chips to AI leader Nvidia Corp.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EngineEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintPutin Moves to Seize Control of Wagner’s Mercenary EmpireUBS Flags Cos
( 31
min )
(Bloomberg) -- Samsung Electronics Co. leapt more than 6% on speculation the company has won the right to compete with arch-foe SK Hynix Inc. to supply advanced memory chips to AI leader Nvidia Corp.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EngineEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintPutin Moves to Seize Control of Wagner’s Mercenary EmpireUBS Flags Cos
( 31
min )
Dollar General and Dollar Tree say shoppers are shifting spending toward food and essentials.
( 27
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Bitcoin, Ether and other cryptos were down Friday morning. U.S. equities were flat as investors look towards August's jobs report later Friday.
( 32
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While August brought with it a pullback following the market’s strong so far this year, the past few sessions have seen momentum build again. The good news, according to Andrew Slimmon, managing director and senior portfolio manager at Morgan Stanley Investment Management, is that the market’s advance is set to continue. Boosted by the Q3 earnings season, Slimmon sees the S&P 500 nearing the 5,000 mark by the end of the year, which would not only represent an 11% increase from current levels, bu
( 34
min )
The three-and-a-half-year reprieve on interest for federal student loan borrowers came to an end Friday—but borrowers have new options to avoid it.
( 18
min )
The Big Mac PPP is a survey done by The Economist that examines the purchasing power of various currencies based on the relative price of a Big Mac.
( 22
min )
Disney blocked the ABC Network, ESPN, and other networks on Charter Communications (CHTR)'s Spectrum cable after the two sides couldn’t agree on a contract renewal.
( 17
min )
Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. More than 40 CDs are paying rates of 5.50% or more
( 19
min )
The Dow Jones finished higher by about 115 points, or 0.3%, on investors optimism that the latest employment report will help prompt the Fed to end its interest rate hikes.
( 17
min )
U.S. equities opened the month of September with the S&P 500 little changed on Sept. 1, 2023, following the release of data showing the unemployment rate rose more than expected in August
( 17
min )
Value investors like Warren Buffett select undervalued stocks trading at less than their intrinsic book value that have long-term potential.
( 37
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Before signing up for dental insurance, make sure it will cover what you need while avoiding unexpected expenses. Here are four key factors to investigate.
( 24
min )
Many of the top 25 stocks in the S&P 500 by weight are issued by some of the largest and best-known tech firms in the world.
( 22
min )
Walgreens Boots Alliance shares tumbled to levels not seen in almost a quarter century after CEO Rosalind Brewer stepped down after less than three years at the helm.
( 17
min )
Choosing the best robo-advisor to use can be a challenge. Compare M1 Finance and Merrill Guided Investing to learn which one offers automated investing features right for you.
( 25
min )
LPG, BRY, RC, CALM, and FRO have the highest forward dividend yields of stocks in the Russell 3000.
( 23
min )
Interest rates tend to fall during recessions for fundamental reasons and as investors start to price in the likely policy response by the central bank.
( 25
min )
Compare Wealthfront and E*TRADE Core Portfolios, two robo-advisors with low minimum deposits and reasonable fees, to see which one is best for your financial goals.
( 27
min )
The companies are investing an additional $2 billion into the battery cell manufacturing plant, which will now create 8,500 new jobs over the next eight years.
( 17
min )
Top growth stocks for September include Cabaletta Bio Inc., Reata Pharmaceuticals Inc., and MoonLake Immunotherapeutics.
( 20
min )
If history can be trusted, stocks may be due for a tumble this month in a phenomenon known as the September Effect.
( 17
min )
Financing grad school can be a daunting task. Learn about the different options to help pay for your graduate degree, including scholarships, grants, and loans.
( 23
min )
You don’t need your parents to get a student loan. Learn about private and federal student loans to see which loans you may be eligible for.
( 23
min )
Broadcom’s current quarter guidance missed estimates as demand for its chips for smartphones slowed, and the expected strong gains from the artificial intelligence (AI) boom fell short.
( 17
min )
Capital consumption allowance (CCA) is the amount of money a country has to spend each year to maintain its present level of economic production.
( 19
min )
Finding the right robo-advisor can be difficult. Compare the differences between M1 Finance and E*TRADE Core Portfolios to see which automated investing platform is best for you.
( 27
min )
Brokerage Robinhood struck a share repurchase agreement with the U.S. Government and bought back $606 million in stock previously owned by the founder of the failed FTX exchange.
( 18
min )
Top defense stocks for Q3 based on value, growth, and performance include TGI, CAE, and EH.
( 22
min )
Historically Black colleges and universities (HBCUs) focus on educating disadvantaged groups and are helping narrow the racial wealth gap.
( 27
min )
U.S. equities were little changed at midday as the investors considered how the Federal Reserve might react to the jump in the August unemployment rate.
( 16
min )
Three types of tax systems are used in the U.S.—regressive, proportional, and progressive—two impact high and low-income earners differently, and one is the same for all.
( 25
min )
Shares of Dell Technologies hit an all-time high after the maker of PCs and computer-related services beat earnings expectations and boosted its guidance on booming AI-product demand.
( 17
min )
Here is an economic portrait of the average American consumer, based on recent spending habits.
( 20
min )
Tesla slashed the price of its Model S and Y in China and the U.S. while launching a longer-range Model 3 to compete better in the Chinese market.
( 17
min )
The unemployment rate edged up to 3.8% in August from 3.5% in July, rising from a near-record low to its highest since February 2022, the Bureau of Labor Statistics said Friday.
( 17
min )
A macroeconomic factor is an economic, environmental, or geopolitical event that broadly affects a regional or national economy.
( 21
min )
Learn the basic principles used to calculate personal rates of return on investment portfolios.
( 25
min )
Net revenue grew by 52% in international markets, boosting gross profits by 23% as Lululemon Athletica projects 18% revenue growth for 2023.
( 17
min )
David Ricardo was a classical economist best known for his theory on wages and profit, labor theory of value, theory of comparative advantage, and others.
( 25
min )
British energy group Octopus Energy signed a deal to buy Shell Petroleum's home energy business in the UK and Germany.
( 18
min )
Top cannabis stocks for Q3 based on value, growth, and performance include CRLBF, TLRY, and TSNDF.
( 21
min )
M1 Finance and Wealthfront are two top robo-advisors, but they offer very different services when it comes to automated investing. Learn which one is best for your financial goals.
( 30
min )
ETFs for September with the best 1-month return include PXE, IBML, RISR, BDRY, and UUP.
( 20
min )
If you’re a salaried worker with a desk job earning less than $55,068 a year, a new rule would give you a workplace perk that’s nearly unheard of for white collar workers: overtime pay.
( 18
min )
To buy a median-priced house today, a typical income-earning household would have to shell out 38.3% of their earnings to make the mortgage, the highest percentage since 1984.
( 17
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These strategies are used by traders to capitalize on stocks or securities that exhibit high volatility.
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Learn who the top 10 billionaires in the world are and how they built their wealth.
( 33
min )
A curve steepener trade uses derivatives to profit from rising yield differences due to yield curve increases between T-bonds of differing maturities.
( 20
min )
Pay to order refers to negotiable checks or drafts paid via an endorsement that identifies a person or organization the payer authorizes to receive money.
( 24
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The Treasury General Account is the general checking account that the Department of the Treasury uses.
( 25
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Pensioenfondsen staan er nu financieel iets slechter voor dan een maand geleden, concludeert adviesbureau Aon. De gemiddelde dekkingsgraad is gedaald van 122 naar 121 procent. Dat kwam vooral doordat augustus niet zo'n goede maand voor beleggingen in aandelen was.
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De adviesprijs voor 1 liter Euro95 aan de pomp is vrijdag gestegen tot 2,259 euro. Daarmee is de prijs de afgelopen maand verder opgelopen. Op 1 augustus stond de adviesprijs nog op 2,214 euro.
( 3
min )
De handel tussen de Europese Unie en Rusland is behoorlijk afgenomen na de Russische invasie in Oekraïne. Door Europese sancties is vooral de import van Russische goederen fors gekrompen.
( 4
min )
De huizenprijzen gaan volgend jaar weer in de lift, voorspellen onderzoekers van ING Research. Daarmee zijn goedkoper wordende huizen verleden tijd en dat komt vooral door de stijgende lonen.
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Het demissionaire kabinet stelt minder scherpe eisen aan Schiphol. Het jaarlijkse aantal vluchten op het vliegveld hoeft niet terug naar 440.000, maar naar 452.500. Ook hoeft de luchthaven niet te stoppen met nachtvluchten.
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Mannen zijn nog steeds dominant in de bestuurskamers van beursgenoteerde bedrijven. Het aantal vrouwelijke bestuurders blijft steken rond de 15 procent, blijkt uit de Female Board Index 2023.
( 4
min )
Deelnemers aan Burgernet ontvangen voortaan geen sms-berichten meer als iemand wordt vermist of gezocht. De politie gebruikt voortaan de Burgernet-app om de hulp van burgers in te schakelen.
( 3
min )
Ongeveer 226.000 ondernemers hebben op dit moment nog een openstaande coronaschuld bij de Belastingdienst. Zij hebben sinds oktober 2022 een betalingsregeling lopen.
( 3
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Ongeveer 226.000 ondernemers hebben op dit moment nog een openstaande coronaschuld bij de Belastingdienst. Zij hebben sinds oktober 2022 een betalingsregeling lopen voor hun coronabelastingschulden.
( 3
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SentinelOne Inc raised its annual revenue forecast on Thursday, riding on resilient adoption of its AI-backed security offerings as macroeconomic fears abate. The cybersecurity company also clarified that it had just canceled a "reselling agreement" with Wiz and their partnership with the startup was still on. Startup Wiz said last week that it was considering a potential bid for SentinelOne, which has struggled to become profitable, after reports that it was considering putting itself up for sale.
( 31
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(Bloomberg) -- Broadcom Inc., a supplier of chips to Apple Inc. and a broad swath of the tech industry, gave a disappointing forecast for the current period, signaling that demand remains sluggish for electronic components. Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallPutin Moves to Seize Control of Wagner’s Merc
( 33
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There are few shares shorted, for good reason.
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Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. Almost 40 CDs are paying rates of 5.50% or more.
( 20
min )
The SEC has charged a 23-year-old part-time pretzel-shop worker in a $1 million fraud scheme to buy shares of Tesla, GameStop and Nvidia.
( 31
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Despite political changes and environmental concerns, Brazil's oil sector, led by Petrobras, is rapidly expanding, aiming to make the country the world's fourth-largest oil producer.
( 34
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The chip maker sees promise in the artificial intelligence trend.
( 22
min )
Revenue in the latest quarter was $2 billion higher than the $20.9 billion consensus forecast among analysts on Wall Street. Guidance topped estimates.
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August was the stock's worst month all year and ends the longest monthly winning streak since 2014. All hopes are pinned on the new iPhone.
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Warren Buffett, the Oracle of Omaha, has some timeless words of advice for successful investing.
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(Bloomberg) -- It’s been more than five months since Silicon Valley Bank failed, but you wouldn’t know it from looking at bank stocks. Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EngineEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintPutin Moves to Seize Control of Wagner’s Mercenary EmpireUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallThe KBW Bank Inde
( 32
min )
Intel CEO Pat Gelsinger says third-quarter revenues are running at the high end of the company's guidance range
( 22
min )
European auto sales increased for the 12th consecutive month, seeing a 17% rise in July, led by growth in Germany, France, and Spain, with electric cars making significant gains.
( 31
min )
Morgan Stanley said that while optimism about artificial intelligence has lifted the stock, the company hasn't said how it will monetize the technology.
( 23
min )
An 87% value wipeout for Chinese developers' dollar bonds is symptomatic of the wider crisis facing the nation's property sector, which has seen 53 companies collapse in about two years.
( 31
min )
A Newton biotech close to the end of its cash runway has been scooped up by a Florida firm.
( 22
min )
AT&T stock could soon move closer to its recent 30-year lows
( 30
min )
The Chinese real estate market is experiencing another potential black swan event as Country Garden, once China's largest property developer by sales, spirals into a crisis that threatens to surpass the impact of China Evergrande Group. The Foshan-based Country Garden is under heightened scrutiny because it oversees four times as many property projects as Evergrande. China's housing slump is exacerbating broader concerns over its economy, with signs of spillover effects ranging from missed payme
( 33
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Vivek Ramaswamy's fiercest critic, Yale Professor Jeffrey Sonnenfeld, has studied the presidential hopeful's debate strategies–and his business record.
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Mortgage rates dropped for a third day. The 30-year average has sunk to its lowest level in three weeks, and most loan types saw a double-digit decline.
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Do you love dividends? Of course you do — and rightly so! Scholars who study the stock market’s historical performance estimate that over time, the payment (and reinvestment, and compounding) of dividends have contributed anywhere from 30% to 90% of the S&P 500’s total returns. Simply put, if you’re not investing in dividend stocks, you’re doing it wrong. Using the TipRanks platform, we’ve looked up two stocks that are offering up to 24% yield – that’s almost 15x higher the average yield found i
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min )
Amazon will release an app in Shopify’s ecosystem, allowing merchants to integrate a 'Buy With Prime' option into a product's page.
( 26
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(Bloomberg) -- Exxon Mobil Corp. has shaken off its last bearish rating as a breakneck rally in oil prices spurred Redburn to upgrade the oil major to neutral.Most Read from BloombergHong Kong to Shut Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallPutin Moves to Seize Control of Wagner’s Mercenary EmpireUS Health Officials Urge Moving Pot to Lower-Risk C
( 31
min )
Palantir downgraded, Shopify upgraded: Wall Street's top analyst calls
( 33
min )
(Bloomberg) -- Kylie Jenner has explored taking back ownership of the cosmetics line she sold to Coty Inc. three years ago, according to people familiar with the matter, a sign of how the relationship between one of the world’s largest beauty companies and one of entertainment’s most famous families has become strained.Most Read from BloombergHong Kong to Shut Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintUBS Fl
( 32
min )
Citi turned bullish on Arista shares, seeing growth ahead from cloud computing providers
( 26
min )
Bitcoin traders continue to focus on U.S. economic data that could move the needle on the Federal Reserve's pathway for interest rates as cryptocurrencies are about to enter a tough month.
( 22
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Shares of Dollar General are sinking premarket after the retailer reported a drop in quarterly profit and cut is sales and earnings outlook.
The stock was recently down 15% at $133.85 ahead of the opening bell.
Dollar General said its gross profit rate fell in the second quarter, citing factors in
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U.S. consumer spending accelerated in July, but slowing inflation strengthened expectations that the Federal Reserve would keep interest rates unchanged next month. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased 0.8% last month, the Commerce Department reported on Thursday. Slowing inflation and a still tight labor market, which is keeping wage gains elevated, are supporting consumer spending and propping up the economy.
( 31
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An inflation gauge closely tracked by the Federal Reserve remained low last month, adding to signs of cooling price increases and raising the likelihood that the Fed will leave interest rates unchanged when it next meets in late September. The year-over-year figure, though, is down sharply from the 7% peak it reached a year ago, though still above the Fed's 2% inflation target. The latest data follows other recent reports that suggest the economy and the job market may be slowing enough to cool inflation pressures.
( 32
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The optical networking hardware company is seeing strong demand from cloud providers.
( 26
min )
Morgan Stanley analyst Joshua Pokrzywinski bumped the shares to Hold From Sell. His price target went to $113 from $102 each.
( 26
min )
(Bloomberg) -- Palantir Technologies Inc. was downgraded to underweight at Morgan Stanley, the latest indication of how Wall Street is skeptical of the software company, which has touted itself as a major player within artificial intelligence.Most Read from BloombergUS Health Officials Urge Moving Pot to Lower-Risk CategoryUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallHong Kong to Shut Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical P
( 31
min )
Dollar General posted fiscal second-quarter earnings of $2.13 a share on revenue of $9.8 billion.
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Dollar General cut its annual sales and profit forecasts on Thursday, hurt by a decline in store traffic and the discount retailer's move to sell more low-margin essentials over discretionary products. U.S. consumers, particularly in low-to-middle-income groups, have been feeling the pinch as reductions in government funding and lower tax refunds worsen inflationary pressures. The company said gross profit as a percentage of net sales was down 126 basis points in the second quarter from last year, driven by lower inventory and increased shrink, as well as inventory damages.
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min )
Data revealed a further contraction in the world's second-largest economy, but it wasn't as bad as expected and there are bright spots to look to.
( 26
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The analyst pointed out that a handful of high-performing stocks are yet to reach the highs they enjoyed in 2021.
( 33
min )
A September 14 contract expiration could impact 4,300 local jobs, if Ford and GM don't come to an agreement with the UAW.
( 23
min )
IRS fraud filters can trigger frustration for real taxpayers — including those ignore IRS letters. National Taxpayer Advocate details the challenges.
( 35
min )
Salesforce issues an outlook for the third quarter and fiscal year better than analysts' forecasts, Okta raises its fiscal-year outlook, and UBS reports a second-quarter net profit of $29 billion following the integration of Credit Suisse.
( 27
min )
UBS is making progress integrating Credit Suisse, the former rival it acquired at a fire sale price earlier this year.
( 27
min )
Pernod Ricard reported below-forecast sales and profit for fiscal 2023, but backed its medium-term financial targets and said it planned a €800 million share buyback. The stock opened almost 5% lower.
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Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Palantir Technologies, Box, Chewy, and Victoria's Secret. Palantir Technologies (NYSE:PLTR) shares fell more than 4% pre-market today after Morgan Stanley downgraded the company to Underweight from Equalweight with a price target of $9.00 (from $8.00), as reported in real time on InvestingPro. Craig-Hallum downgraded Box (NYSE:BOX) to Hold from Buy and cut its price target to $30.00 from $35.00.
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Swiss bank UBS announced Thursday plans to save $10 billion in costs as it moves ahead with “full integration” of longtime rival Credit Suisse's domestic operations, as UBS released its first earnings report since the government-orchestrated merger to help stave off a possible global financial meltdown. In a separate statement, Credit Suisse, calling itself a UBS subsidiary following the completion of the deal on June 12, announced a loss of 8.9 billion Swiss francs ($10.1 billion) as it wrapped up its accounting for all of 2023. UBS appeared to make no mention of one of the major outstanding questions: how many of Credit Suisse's 50,000 employees would be kept on.
( 31
min )
The company continues to see strong sales momentum even as consumers have started to pull back on discretionary spending.
( 22
min )
Core PCE has inched down since February. Now, technical effects are reversing that.
( 27
min )
"That weaponization of the dollar is part of the reason why Russia, China, and other BRICS nations have vied for an alternative to the dollar."
( 32
min )
USD Coin (USDC) is a stablecoin that is fully backed by U.S. dollars and dollar-denominated assets. USDC is not issued by the U.S. government.
( 22
min )
Economic value is the worth of a good or service determined by people's preferences and the trade-offs they choose given their scarce resources.
( 20
min )
When you only buy the coverage you truly need, the debate over medical insurance vs. life insurance might just be one you can avoid.
( 26
min )
Debt service coverage ratio (DSCR) is used to measure a company's cash flow available to pay current debt. Learn how to calculate DSCR in Excel.
( 22
min )
Learn about the business of reinsurance, a hidden industry that underpins the entire financial and insurance structure around the globe.
( 21
min )
Most dental insurance plans provide a yearly amount of maximum coverage, after which you have to pay for any expenses above that cap.
( 20
min )
How to manage those burdensome payments as you embark on your adult life.
( 26
min )
Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. Almost 40 CDs are paying rates of 5.50% or more.
( 19
min )
Compare Betterment and E*TRADE Core Portfolios, two robo-advisors on our list of the best, to see which one offers the portfolio management and investing features you need.
( 28
min )
The American Rule is the standard that two opposing sides in a legal matter pay their own attorney fees, whether they win or lose the case.
( 20
min )
A self-employed individual does not work for a specific employer who pays them a consistent salary or wage.
( 25
min )
U.S. equities ended August little changed, with the S&P 500 slipping 0.2% on Aug. 31, 2023, after a report showing a small rise in inflation raised hopes the Fed may back off further rate hikes
( 18
min )
Discover what your flexible spending account (FSA) will and won’t cover at the dental office before you make your next appointment.
( 21
min )
Socially responsible and ESG investing are gaining traction, especially with younger investors who also may be attracted to the technologically-focused investment platforms that robo-advisors provide.
( 25
min )
Hormel shares lost ground after the maker of Spam, Skippy Peanut Butter, and other foods missed earnings and revenue estimates, and cut its outlook on falling meat prices and a drop in sales in China.
( 17
min )
A transfer of physical assets (TPA) is involved when a HUD-insured loan is attached to a real estate transaction.
( 24
min )
Marginalism is an economic principle that decisions and adjustments to economic behavior occur incrementally rather than categorically.
( 19
min )
Business development is a process aimed at growing a company and making it more profitable and successful. Here is how it works.
( 27
min )
Controversy is nothing new for one of the most celebrated investors in history.
( 23
min )
Warren Buffett made waves when he said 90% of his wife’s assets would be allocated to stocks. Is it a good idea for typical investors to follow suit?
( 24
min )
The fear that leads to superior investment opportunities may be caused by macroeconomic events or short-term, non–moat damaging business results.
( 24
min )
Fellow investors have long praised—and envied—Warren Buffett's seemingly uncanny ability to pick stocks. Here is how he does it.
( 23
min )
Find out how the value investor bought up companies and made billions of dollars through his holding company’s investments.
( 30
min )
Warren Buffett, the Oracle of Omaha, has some timeless words of advice for successful investing.
( 24
min )
Here’s what a decentralized, blockchain-based internet promises, and where it may face issues.
( 21
min )
Shares of Okta rose 13.5% Thursday as growing cybersecurity concerns drove up demand for the company’s identification software.
( 16
min )
Learn how employability is affected by market and economic conditions. Find out how soft, hard, and technical skills affect a person’s employability.
( 28
min )
Current and potential hedge fund investors need to understand how much risk hedge funds take on in order to make money.
( 27
min )
Compare Merrill Guided Investing and E*TRADE Core Portfolios to learn how the investing platforms differ, and then decide which robo-advisor is best for you.
( 25
min )
A sovereign wealth fund is a state-owned investment fund used to benefit the country's economy and citizens.
( 21
min )
Business owners can ensure their small business is protected against financial loss with the right property and liability coverage.
( 20
min )
The forex market is open 24 hours a day because exchanges worldwide are open at overlapping times for 120 hours, from 5 p.m. EST on Sunday to 5 p.m. EST on Friday.
( 24
min )
International travel bookings rose 44% and domestic travel 4% for the 2023 Labor Day holiday, according to AAA, as cruise bookings gain and Canada, Alaska, and Europe are popular.
( 18
min )
Meme stocks describe the shares of companies that have gained a cult-like following on social media, which can influence share prices.
( 29
min )
Economic rent is an excess payment made to or for a factor of production over and above the amount expected by its owner.
( 22
min )
Multiline insurance is a type of insurance policy that bundles exposures to risk and covers them under a single contract.
( 19
min )
Learn about the nuances of the CFA Level II exam, which goes more in-depth into investment management and portfolio concepts.
( 25
min )
To address anti-competition allegations by the European Commission, Microsoft plans to unbundle Teams for its suites starting in October.
( 17
min )
Offshore refers to a location outside of one's national boundaries, either land- or water-based. Learn about offshore banking, corporations, and investing.
( 27
min )
Revealed preference states that consumer behavior, if their income and the item's price are held constant, is the best indicator of their preferences.
( 20
min )
When civil and criminal penalties don't deter people from skipping out on their taxes, the IRS has other tools it can use.
( 22
min )
Neither rising prices nor the cooling job market have deterred consumers from cutting back on their spending—at least so far.
( 17
min )
Demand theory is a principle relating to the relationship between consumer demand for goods and services and their prices.
( 21
min )
The Biden administration expanded curbs on exports of certain AI chips beyond China to include several Middle Eastern countries, chipmaker Nvidia said in a regulatory filing.
( 18
min )
Wealthfront and Betterment both earned spots in our best robo-advisor awards. Compare the two robo-advisors to learn how their investing platforms can work for you.
( 28
min )
Series 6 and Series 7 are two Financial Industry Regulatory Authority (FINRA) license exams. Read on to learn about the licenses and how the tests differ.
( 22
min )
U.S. equities rose at midday on Thursday, Aug. 31, 2023 and headed for a fifth-straight winning session after a report showed inflation rose modestly last month, raising hopes the Fed might not hike interest rates.
( 16
min )
U.S.-based employers said they would be cutting 75,151 jobs in August, a 217% jump from July and 267% more than a year ago, according to a study by Challenger, Gray & Christmas.
( 17
min )
Dollar General shares tumbled after the discount retailer missed estimates and cut its outlook on softer sales, higher capital expenses, and losses from theft.
( 17
min )
A new deal makes using Buy with Prime easier for Shopify vendors—and brings Buy with Prime under the Shopify Payments umbrella.
( 18
min )
A double top is an extremely bearish technical reversal pattern that forms after a stock makes two consecutive peaks.
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min )
Regardless of your age, taking these five steps will help you build a solid retirement plan.
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min )
The Great Recession was caused by lending and investing practices that eventually led to a financial system collapse following a housing market crash.
( 23
min )
Mortgage rates dropped for a third day. The 30-year average has sunk to its lowest level in three weeks, and most loan types saw a double-digit decline.
( 20
min )
Price sensitivity is the degree to which the price of a product or service influences consumer purchases.
( 23
min )
Price transparency typically refers to the accessibility of information on the order flow for a particular stock.
( 19
min )
Robert Kiyosaki is a renowned author and entrepreneur, perhaps best known for his book 'Rich Dad Poor Dad.'
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min )
Minority business grants are available from both private and public sources to assist entrepreneurs who identify as minorities in funding their businesses. Here's an overview of these grants, their eligibility criteria, application process, and required documentation, plus some tips for a successful application.
( 23
min )
UBS shares jumped more than 5% in early trading Thursday after the Swiss banking giant posted second-quarter earnings that blew past analysts' expectations after its acquisition of ailing rival Credit Suisse.
( 18
min )
Learn how to trade Dow Jones Index futures contracts, including the popular e-Mini Dow stock index futures.
( 25
min )
The National Labor Relations Board (NLRB) is an independent federal agency that enforces the National Labor Relations Act (NLRA) of 1935. Here is a look at its role and impact.
( 24
min )
Change in supply refers to a shift, either to the left or right, in the entire price-quantity relationship that defines a supply curve.
( 19
min )
Salesforce shares surged after the software company reported second quarter profit that beat estimates and lifted its full-year outlook as cost-cutting measures paid off.
( 17
min )
As a small business owner or manager, you can apply for small business grants from a variety of sources. Once you’ve found a suitable grant, you should make sure your application is as competitive as possible. In this guide, we’ll show you how.
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min )
Find out what the term "adverse selection" refers to in the insurance industry, and learn how insurance companies protect themselves from adverse selection.
( 22
min )
These six books cover the legendary investor's life and lessons from various angles—and are fun to read besides.
( 24
min )
Buying a franchise can be an easy way to get started in your own business, but there are some pitfalls, including upfront and ongoing costs. Here is how to investigate franchise opportunities.
( 24
min )
Lying on your resume is not only unethical, but it will damage your reputation and might result in legal action.
( 23
min )
The U-3 unemployment rate is the official rate but many prefer the U-6 rate as it includes underemployed, marginally attached, and discouraged workers.
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min )
The accumulated earnings tax is imposed on corporations with retained earnings deemed to be excessive for their "reasonable" business needs.
( 22
min )
A monetary base is the total amount of a currency in general circulation or in the commercial bank deposits held in the central bank's reserves.
( 23
min )
Dogs of the Dow is an investment strategy based on the 10-highest dividend-yielding stocks in the Dow Jones Industrial Average (DJIA).
( 23
min )
Unlevered free cash flow (UFCF) is a company's cash flow before interest payments are taken into account. UFCF can be reported in a company's financial statements or calculated using financial statements by analysts.
( 25
min )
Straddles and strangles are options strategies that take advantage of significant moves up or down in a stock's price. Learn the difference between them.
( 25
min )
A waiver is a legally binding provision where either party in a contract agrees to voluntarily forfeit a claim without the other party being liable.
( 23
min )
Personal loans with no income verification are available, but they often have sky-high interest rates and short repayment terms.
( 23
min )
Low-income loans can help those with limited income access funds for emergency expenses or other needs. Learn more about the types of loans available, eligibility requirements, and how to apply.
( 24
min )
Learn about income elasticity of demand and cross elasticity of demand and how to interpret these two measures of demand elasticity.
( 20
min )
An accessory dwelling unit (ADU) is a residential structure that shares the same lot as a primary structure.
( 23
min )
The cost of living is the amount a person needs to spend to cover basic expenses such as housing, food, taxes, and healthcare in a particular place.
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min )
Inflation is a broad increase in prices in an economy. Stagflation is a combination of high inflation with slow economic growth and high unemployment.
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min )
Companies seek equity financing from investors to finance short or long-term needs by selling an ownership stake in the form of shares.
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min )
Holland Norway Lines, dat met een ferry overtochten naar Noorwegen aanbiedt en woensdag uitstel van betaling heeft aangevraagd, ziet nog steeds een kans dat er weer gevaren gaat worden. Dat meldt het Nederlandse bedrijf in een bericht aan klanten.
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min )
De storing van het C2000-communicatienetwerk is voorbij, al is de oorzaak nog onbekend. Het netwerk kampte donderdagmiddag met een landelijke storing. Dat leidde volgens de politievakbonden tot onveilige situaties.
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min )
Het C2000-communicatienetwerk kampt donderdagmiddag met een landelijke storing. Het netwerk wordt gebruikt door de politie en veel andere hulpdiensten. Agenten op straat krijgen geen verbinding met de meldkamers, wat tot onveilige situaties leidt.
( 5
min )
Supermarktketen Jan Linders verkoopt nog eens vier vestigingen aan Jumbo. Eerder kocht de geelzwarte formule al zes supers van het Limburgse bedrijf. Hoeveel geld met de deal is gemoeid, is niet bekendgemaakt.
( 3
min )
De inflatie in Nederland is in augustus gedaald naar 3 procent, mede vanwege een nieuwe rekenmethode. Veel NUjij'ers dachten dat de boodschappen dus ook goedkoper werden, maar dat klopt niet. Economieredacteur Thijs Rösken legt uit wat dalende inflatie precies betekent.
( 3
min )
E-bikemaker VanMoof wordt overgenomen door e-stepmerk Lavoie, onderdeel van het Britse McLaren Applied. Dat melden de curatoren donderdag. Lavoie is van plan verder te groeien door de overname en de activiteiten van VanMoof verder te ontwikkelen.
( 4
min )
Het C2000-communicatienetwerk kampt donderdagmiddag met een landelijke storing. Het netwerk wordt gebruikt door de politie en veel andere hulpdiensten. Agenten op straat krijgen geen verbinding met de meldkamers, wat tot onveilige situaties leidt.
( 4
min )
Deelnemers aan Burgernet ontvangen vanaf vrijdag geen sms-berichten meer als iemand wordt vermist of gezocht. De politie gebruikt voortaan de Burgernet-app om de hulp van burgers in te schakelen.
( 3
min )
Deelnemers aan Burgernet ontvangen vanaf vrijdag geen sms-berichten meer als iemand wordt vermist of gezocht. De politie gebruikt voortaan de Burgernet-app om de hulp van burgers in te schakelen.
( 3
min )
De Zwitserse bank UBS wil de eerder dit jaar overgenomen concurrent Credit Suisse volledig opnemen in het eigen bedrijf. Daarbij gaan duizenden banen verloren. UBS behoedde Credit Suisse eerder dit jaar van een faillissement door een overname.
( 4
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De inflatie in Nederland is in augustus gedaald naar 3 procent. Dat komt mede door een nieuwe rekenmethode. Het winkelmandje met producten waarmee het cijfer wordt berekend, verandert continu. NU.nl-lezers vroegen zich af: hoe wordt die inflatie dan vastgesteld?
( 3
min )
Energieleverancier Eneco gaat bij een Gronings windpark spitsmijden op het stroomnet. Het bedrijf laat de windmolens op piekmomenten zo draaien, dat ze maar weinig wind vangen. Dat doet Eneco als het plaatselijke stroomnet overbelast is.
( 3
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De begroting voor volgend jaar is zo goed als rond. Het demissionaire kabinet trekt 2 miljard euro uit om vooral de laagste inkomens te steunen.
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De consumentenprijzen in eurolanden zijn in augustus 5,3 procent hoger dan een jaar eerder. Daarmee is de inflatie precies even hoog als in juli. Waar in Nederland de inflatie door goedkopere energie flink is gedaald, is dat effect in de hele eurozone niet zo groot.
( 4
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Privacyorganisatie None of your business (Noyb) heeft bij verschillende Europese privacytoezichthouders geklaagd over smartwatchfabrikant Fitbit. Volgens de belangenclub worden Fitbit-gebruikers gedwongen om toestemming te geven voor de overdracht van hun persoonlijke gegevens naar landen buiten de Europese Unie.
( 4
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ProRail gaat de komende jaren steeds vaker doordeweeks en overdag onderhoud doen aan het spoor. Volgend jaar zal vooral de Friese reiziger dat merken. In de jaren daarna gebeurt dit ook in andere delen van het land. Dat meldt ProRail donderdag.
( 4
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De Zwitserse bank UBS wil de eerder dit jaar overgenomen concurrent Credit Suisse volledig opnemen in het eigen bedrijf. Daarbij gaan duizenden banen verloren. UBS behoedde Credit Suisse eerder dit jaar van een faillissement door een overname.
( 4
min )
Wie bij 'snip' nog steeds denkt aan een biljet van 100 gulden, kan vandaag nog proberen de vogel terug op een bankbiljet te krijgen. De eurobiljetten krijgen (bijna) allemaal een nieuw ontwerp en vogels zijn een van de mogelijke thema's.
( 4
min )
Winkeliers zagen hun omzet in juli 5 procent hoger uitkomen dan een jaar eerder. Maar dat komt wel vooral door prijsverhogingen, want consumenten kochten juist minder. Er werden 2,8 procent minder producten verkocht.
( 3
min )
De inflatie valt in augustus veel lager uit dan in de voorgaande maanden. De consumentenprijzen zijn nu slechts 3 procent hoger dan een jaar eerder. Sinds september 2021 is dit percentage niet meer zo laag geweest. Afgelopen juli was de inflatie nog 4,6 procent.
( 5
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De Nederlandse aardgasreserves zijn naar verwachting over minder dan negen jaar uitgeput. "Als we bij het huidige tempo gas blijven oppompen en er worden geen nieuwe aardgasreserves ontdekt, dan is het op", stelt Peter Hein van Mulligen, hoofdeconoom bij statistiekbureau CBS.
( 4
min )
De prijs van een koophuis is momenteel vijf maal zo hoog als in 1993. Betaalde je dertig jaar terug nog gemiddeld ongeveer 80.000 euro voor een woning, inmiddels is dat 434.000 euro.
( 4
min )
De inflatie over de maand augustus valt behoorlijk veel lager uit dan in de afgelopen maanden. Consumentenprijzen stegen ten opzichte van vorig jaar met 3,0 procent. In juli was dat nog 4,6 procent. Sinds september 2021 was dit percentage niet meer zo laag.
( 4
min )
De Nederlandse aardgasreserves zijn naar verwachting over minder dan negen jaar uitgeput. "Als we bij het huidige tempo gas blijven oppompen en er worden geen nieuwe aardgasreserves ontdekt, dan is het op", stelt Peter Hein van Mulligen, hoofdeconoom bij statistiekbureau CBS.
( 4
min )
De prijs van een koophuis is momenteel vijf maal zo hoog als in 1993. Betaalde je dertig jaar terug nog gemiddeld ongeveer 80.000 euro voor een woning, inmiddels is dat 434.000 euro.
( 4
min )
How far can good vibes push the market? That’s a question investors should think about, especially if events pan out as investing legend Leon Cooperman believes they will. The billionaire hedge fund manager does not see the current rally in stocks as anything sustainable, and cautions that it is built more on positive sentiment than on anything solid. Moreover, he holds a pessimistic outlook regarding the S&P 500‘s ability to not only reach but also surpass its peak level of 4,800 achieved back
( 35
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The decline in the second quarter was the biggest since 2008, except for the first quarter, which saw a 48% drop, Redfin said.
( 31
min )
New York Attorney General Letitia James raised the allegation in a lawsuit seeking $250 million and sanctions that would halt the Trump Organization's operations in New York.
( 31
min )
Moves in the Vietnamese EV start-up's shares serve up lessons it can take seasoned traders years to learn.
( 27
min )
(Bloomberg) -- Key Nvidia Corp. partner Quanta Cloud Technology expects to double sales of its artificial intelligence servers in 2024 and demand to persist over the longer term as businesses weave AI into their operations and services.Most Read from BloombergUS Health Officials Urge Moving Pot to Lower-Risk CategoryStocks Up Again in ‘Bad News Is Good News’ World: Markets WrapSingapore S$1 Billion Laundering Scandal Embroils Its Banking GiantsFed Ramps Up Demands for Corrective Actions by Regio
( 32
min )
Hurricane Idalia today did much less damage than Hurricane Ian did last year.
( 27
min )
Today's best CD rates include a new record of 6.00% from American 1 Credit Union. Runners-up include 5.85% from One America Bank and 5.80% from Finworth.
( 20
min )
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Learn about which types of mutual funds pay the highest dividends, including how dividend stock and bond funds generate the highest dividend yields.
( 18
min )
Lenders reported a net loss of $534 per mortgage origination in the second quarter of 2023, according to the Mortgage Bankers Association.
( 32
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Apple poured over $600 billion into buybacks in the decade to March 31, exceeding Alphabet, Microsoft, and Meta's combined spending.
( 32
min )
The Biden administration has blocked sales of some of Nvidia’s most-prized microchips to the Middle East amid rising concerns about China’s access to the critical artificial intelligence resources.
( 32
min )
CEO R.J. Scaringe's base salary is now $1 million a year, up from $650,000.
( 26
min )
The settlement was announced Wednesday without Plug Power admitting or denying any wrongdoing.
( 18
min )
"I have no desire to get to work at four in the morning."
( 32
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“It takes 20 years to build a reputation and five minutes to ruin it," the Sage of Omaha said. "If you think about that, you'll do things differently.”
( 32
min )
The company also announced a $5 million donation that its independent foundation will use to launch a grant program to support people and organizations on the front lines of health care in underserved populations who are driving innovation in global health.
( 20
min )
The Biden Administration has a punchy target to install 30 gigawatts of offshore wind by the end of the decade. That won’t happen until the numbers stack up for struggling wind farm players.
Shares in Ørsted, the world’s top developer of offshore wind projects, fell 24% Wednesday after the Danish c
( 22
min )
Carriers are offering discounts to avoid rising credit-card fees, but consider important factors before making any changes.
( 26
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The oldest advice in the financial markets is to buy low and sell high. The trick to winning, however, is to find the right stocks to buy, and to remember that ‘buy low’ doesn’t always mean these stocks can’t go lower. Sometimes the best bargains really do come in at the lowest prices. There are plenty of stocks under $10 that won’t break your bank and still offer substantial upside potential. How substantial? Well, the analysts at investment banking giant Oppenheimer have pinpointed two winners
( 34
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He considers his two wedding rings to be his top investments, though.
( 32
min )
To come up with their list, the strategists assessed free cash flow as well as cash burn or spending for the previous 12 months.
( 27
min )
Fundamentals are improving more slowly than the company had hoped, prompting management to lower its outlook for the October 2023 fiscal year.
( 26
min )
Stephanie Ruhle confirmed that she had three phones: a work phone, a personal phone and a “Kevin Plank phone”.
( 33
min )
The Commerce Department’s second estimate of growth last quarter marked a slight acceleration from a 2% annual growth rate from January through March. The American economy — the world’s largest — has proved surprisingly durable in the midst of the Fed’s aggressive campaign to stamp out a resurgence of inflation, which last year hit a four-decade high. Since March of last year, the Fed has raised its benchmark rate 11 times, making borrowing for everything from cars to homes to business expansions much more expensive and prompting widespread predictions of a coming recession.
( 31
min )
The Wall Street speculator that famously bet against Enron this time took aim at the inflated value of VinFast, the world's third largest carmaker by market cap.
( 32
min )
Johnson & Johnson maintains its quarterly dividend of $1.19 a share after spinning out consumer-health company Kenvue, although it lowers its earnings and sales projections.
( 27
min )
Nvidia is cheaper than Alphabet, Microsoft and Apple on a growth-adjusted basis according to Melius Research.
( 27
min )
The company started charging some users for ChatGPT earlier this year.
( 31
min )
Johnson & Johnson on Wednesday forecast 12.5% growth in its annual adjusted profit after completing the separation of consumer health company Kenvue. The company expects 2023 adjusted reported earnings per share of $10.00 - $10.10 in 2023, reflecting increased growth of 12.5% at the mid-point.
( 29
min )
(Bloomberg) -- Orsted A/S shares plunged the most on record after the renewable energy company warned of impairments of as much as 16 billion Danish kroner ($2.3 billion) to its US portfolio because of supply chain issues and soaring interest rates. Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsSingapore Money Laundering Case Embroils City’s
( 32
min )
↘️ HP (HPQ): The maker of computers and printers trimmed its outlook for the current fiscal year and said it expects pricing pressures to continue. Shares fell nearly 9% premarket.
↘️ [Hewlett Packard Enterprise (HPE)](https://www.wsj.com/market
( 22
min )
Tesla shares fall after the stock saw its largest one-day percentage increase since March, VinFast trades higher following a slump of 44% in the previous session, HP Inc. trims its outlook for fiscal 2023, and Nvidia dips after setting a record closing high.
( 26
min )
(Bloomberg) -- Equity futures edged higher on speculations the Federal Reserve is nearing the end of its tightening campaign, while persisting concerns over China’s economic recovery weighed on its equities.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantCrypto Scores Landmark US Legal Win With Grayscale ETF RulingWhat to Do With a 45-Story Skyscraper and No TenantsStocks Up Most Since June as F
( 33
min )
Burger King is being sued by unhappy customers who claim its flagship Whopper burger is too small.
( 30
min )
A federal court on Tuesday swatted down the SEC's reasoning for denying one such products. It was one of the most widely anticipated rulings this year.
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min )
The company is a spinout from J&J. For income seekers, that link remains vital.
( 39
min )
Powell is right: Risk management pays. This options strategy works if stocks rise—and also if they fall.
( 26
min )
Nvidia Corp’s soaring rally has thrilled investors this year - except for the sizeable number of fund managers who avoided what they believe to be an expensive stock. Across nearly 330 mutual funds benchmarked to the S&P 500 or a similar index, only 15% held an above-index weight in Nvidia, according to a Morningstar analysis of the funds' most recent regulatory filings. Among those funds that held a below-average weight in Nvidia, 85% underperformed the index so far this year, Morningstar's data showed.
( 33
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Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the U.S., the world's biggest fuel consumer, and as concerns about a hurricane in the Gulf of Mexico kept investors on edge. Brent crude futures for October rose 17 cents, or 0.2%, to $85.66 a barrel by 0133 GMT. U.S. crude stocks declined by about 11.5 million barrels in the week ended Aug. 25, according to market sources citing American Petroleum Institute figures on Tuesday.
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China's embassy in Washington on Tuesday defended its business practices after U.S. Commerce Secretary Gina Raimondo said U.S. firms had told her that China had become "uninvestible." Asked to respond to the comments Raimondo made in China, embassy spokesperson Liu Pengyu said that most of the 70,000 U.S. firms doing business in China wanted to stay, that nearly 90% were profitable, and that Beijing was working to further ease market access for foreign companies. "China is actively advancing its high-level opening-up and making efforts to provide a world-class, market-oriented business environment governed by a sound legal framework," he said.
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Tech stocks were extending their recent recovery on Tuesday, with the tech-heavy NASDAQ surging 1.74%. The good news, according to Wedbush’s Daniel Ives – a 5-star analyst rated in the top 2% of the Street’s stock pros – is the development of a tech rally that is anticipated to conclude the year on a bullish note. Ives doesn’t hesitate to explain his stance, writing in a recent note on the situation and prospects for tech stocks: “We see tech stocks rallying into year-end as the new tech bull ma
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min )
A yearly renewable term is a one-year term life insurance policy that can be continued year after year for a more expensive premium. Here's how these policies work.
( 21
min )
The Federal Emergency Management Agency has just $3.4 billion in the fund it uses to respond to disasters and help victims—an amount that can quickly be depleted by hurricanes and other catastrophes.
( 20
min )
Investors bought 50,000 homes in the second quarter, the lowest for any second quarter in seven years, and down by nearly half from the second quarter of 2022, according to Redfin.
( 17
min )
McMansion is a negative term that refers to a large, often-ostentatious suburban home that lacks style or uniqueness.
( 22
min )
Personal loans are not considered income and cannot be taxed unless the loan is forgiven.
( 24
min )
Today's best CD rates include a new record of 6.00% from American 1 Credit Union. Runners-up include 5.85% from One America Bank and 5.80% from Finworth.
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min )
Learn the factors that affect the profitability of companies in the insurance sector.
( 21
min )
India is offering $2.1 billion in incentives to tech firms that manufacture PCs, laptops, and other electronic devices in the country, and received 32 bids so far.
( 16
min )
U.S. equities rose, with the S&P 500 closing 0.4% higher on Wednesday, Aug. 30, 2023 after jobs and GDP data raised expectations the Fed may pull back on rate hikes.
( 16
min )
While life insurance is not essential for a baby, here are the benefits of getting a small policy.
( 24
min )
Learn some of the important differences in how the NYSE and Nasdaq operate and the securities that trade on each exchange.
( 26
min )
Learn about which types of mutual funds pay the highest dividends, including how dividend stock and bond funds generate the highest dividend yields.
( 18
min )
China has been the largest exporter of goods in the world since 2009. Official estimates suggest the total value of its exports was $3.71 trillion in 2022.
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min )
Personal income is the total compensation from several sources collectively received by all individuals or households in a country.
( 21
min )
A Certified Senior Consultant was someone certified in key issues facing seniors, including government benefits, income streams, and long-term care.
( 18
min )
Alphabet's Google scheduled its Made by Google event for October 4 in New York City, where it is expected to unveil its new Pixel 8 and Pixel 8 Pro phones and an updated smart watch.
( 17
min )
The COBRA health insurance program allows an individual to retain the coverage of employer-offered insurance in the event of job loss.
( 30
min )
A poverty trap is a mechanism that makes it very difficult for people to escape poverty.
( 24
min )
With an impending increase in US interest rates and lower, even negative rates, elsewhere in Europe and Japan, we assess the impact on private equity.
( 20
min )
Nominal is a common financial term with several different contexts, referring to something small, an unadjusted rate, or the face value of an asset.
( 22
min )
Self-directed investing provides more control over your investments, but robo-advisors do the hard work for you
( 24
min )
Landlords own the property, but tenants have unique protections from discrimination, harassment, rent increases, and wrongful eviction.
( 27
min )
The Dow divisor is a numerical value that is used to calculate the level of the Dow Jones Industrial Average (DJIA).
( 22
min )
Robo-advisors provide customized advice perfect for beginners and hands-off investors, while self-directed brokerage accounts give you flexibility to control your portfolio.
( 24
min )
Electric vehicle (EV) sales in Europe surged more than 50% from a year ago in July, driven by rising demand, greater availability of parts, and easing supply chain constraints.
( 18
min )
The labor market has gotten worse for workers in recent months, but depending on the industry you work in, you still might have a lot of job options—and leverage
( 17
min )
Disguised unemployment is unemployment with low productivity that does not affect aggregate output.
( 20
min )
Johnson & Johnson on Wednesday released its first earnings forecast as a standalone pharmaceutical and medical devices company, estimating double-digit growth in earnings this year.
( 17
min )
HP shares tumbled after warning that the market for PCs and printers remains soft, and it reduced its full-year guidance.
( 16
min )
U.S. equities gained at midday on Wednesday, Aug. 30, 2023 after reports of slowing private sector job growth and a downward revision of GDP raised optimism the Fed might not hike rates.
( 16
min )
In the digital age, investors can choose between human-powered online brokers and AI-driven robo-advisors. Both offer benefits for investing in the stock market, but which is better for you?
( 25
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Brown-Forman shares dropped after the maker of Jack Daniel’s and other alcoholic drinks missed profit and sales estimates on higher costs and falling demand for its premium products.
( 17
min )
Exchange traded funds (ETFs) provide diversified access to different areas of the market, while robo-advisors can help you build a personalized portfolio.
( 24
min )
How to pay your rent, mortgage, insurance, utilities, and other important bills if you are short on cash due to various circumstances.
( 27
min )
Learn about the advantages and disadvantages of using the S&P 500 as a benchmark for portfolio performance.
( 21
min )
Wegovy maker Novo Nordisk is buying Embark Biotech for $16 million, in a move that could boost Novo Nordisk's portfolio of weight loss treatments.
( 17
min )
Find out why the dividend yield for the S&P 500 Index remains historically low, and what dividend yields used to look like before the Internet Age.
( 23
min )
Similar to the mortgage-backed securities that led to the 2008 recession, student loan asset-backed securities might cause the next financial crisis.
( 26
min )
A negative balance in shareholders' equity (also called stockholders' equity) means that liabilities exceed assets and can be caused by a few reasons.
( 22
min )
U.S. financial regulators unveiled a new set of rules designed to prevent more bank failures, dealing another blow to regional banks that could be burdened with more requirements.
( 20
min )
The S&P 500 Dividend Aristocrats index tracks the performance of blue-chip companies. A dividend aristocrat tends to be a large blue-chip company.
( 23
min )
A rising wedge is a bearish stock pattern formed by converging trend lines. Use technical analysis indicators to spot and interpret rising wedge patterns.
( 21
min )
The Dow Jones Global Titans 50 Index launched in 1999, consisting of 50 of the largest multinational corporations in the world.
( 19
min )
De Nederlandse aardgasreserves zijn naar verwachting over minder dan negen jaar uitgeput. "Als we bij het huidige tempo gas blijven oppompen en er worden geen nieuwe aardgasreserves ontdekt, dan is het op", stelt Peter Hein van Mulligen, hoofdeconoom bij het Centraal Bureau voor de Statistiek (CBS).
( 4
min )
Al meer dan twee jaar daalt het aantal Nederlanders dat een bijstandsuitkering ontvangt. Jongeren vormen hierop een uitzondering: onder hen stijgt het aantal ontvangers juist.
( 3
min )
Europese landen hebben in de eerste zeven maanden van dit jaar 40 procent meer vloeibaar gas van Rusland ingekocht dan in dezelfde periode in 2021, voor de Russische invasie van Oekraïne. Dat schrijft de Financial Times op basis van een rapport van ngo Global Witness.
( 4
min )
Burger King moet zich voor de rechter verantwoorden voor zijn plaatjes van de Whopper. De rundvleesburger ziet er in advertenties rijkgevulder uit dan hij in werkelijkheid is, zeggen verontwaardigde klanten van de fastfoodketen.
( 3
min )
Nieuwe inflatiecijfers laten zien dat het niet makkelijk is om de prijsstijgingen te beteugelen. Ondanks maatregelen van de ECB en overheden stijgt de inflatie in Spanje al twee maanden op rij. Ook in België en Duitsland blijft het gewenste effect uit.
( 5
min )
Holland Norway Lines, dat met een veerboot overtochten naar Noorwegen aanbiedt, heeft uitstel van betaling aangevraagd. Het schip vaart voorlopig niet en ook de kaartverkoop ligt stil.
( 3
min )
De provincie Noord-Holland heeft te makkelijk een vergunning afgegeven voor de bouw van een biomassacentrale in Diemen. Voordat Vattenfall de centrale gaat bouwen, moet het energiebedrijf onderzoek doen naar de gevolgen voor het milieu.
( 4
min )
De Nederlandse smartphonefabrikant Fairphone presenteerde woensdag zijn vijfde duurzame en eerlijke toestel. De Fairphone 5 wordt volgens het bedrijf gemaakt met oog voor zowel mens als milieu. Daarnaast belooft de telefoonmaker dat de smartphone jaren meegaat.
( 5
min )
De provincie Noord-Holland heeft te makkelijk een vergunning afgegeven voor de bouw van een biomassacentrale in Diemen. Voordat Vattenfall de centrale gaat bouwen, moet het energiebedrijf onderzoek doen naar de gevolgen voor het milieu.
( 3
min )
De Nederlandse smartphonefabrikant Fairphone presenteerde woensdag zijn vijfde duurzame en eerlijke toestel. De Fairphone 5 wordt volgens het bedrijf gemaakt met oog voor zowel mens als milieu. Daarnaast belooft de telefoonmaker dat de smartphone jaren meegaat.
( 5
min )
De winst van het Russische gasbedrijf Gazprom is in de eerste helft van dit jaar fors gedaald. Dat komt voornamelijk door de sterk afgenomen gasleveringen aan Europa.
( 3
min )
Nu chatbot ChatGPT steeds populairder wordt, ligt moederbedrijf OpenAI op koers om een jaaromzet van 1 miljard dollar (0,9 miljard euro) te draaien.
( 3
min )
De Volksbank moet een boete van 4,5 miljoen euro betalen omdat ze de risico's rond bepaalde leningen jarenlang te laag heeft ingeschat. Dat heeft de Europese Centrale Bank besloten.
( 3
min )
De prijzen die Nederlandse industriebedrijven vragen voor hun goederen waren in juli lager dan een jaar eerder. Het is de vierde maand op rij dat de prijzen zijn gedaald.
( 4
min )
We brengen vanwege klimaatverandering steeds vaker de vakantie door in Noorwegen en Zweden. Dat zegt reiskoepel ANVR, die het aantal Nederlanders dat naar Scandinavië gaat met tientallen procenten ziet stijgen in vergelijking met 2019, het laatste jaar voor corona.
( 4
min )
VinFast stock snapped a six-day winning streak, hard. Shares fell 43.8% Tuesday, wiping out about $90 billion in market value.
( 26
min )
Starting in 2026, people over 50 will have to make catch-up contributions to Roth 401(k)s. The was previously slated to change in 2024.
( 26
min )
(Bloomberg) -- HP Inc. reduced its full-year cash flow and profit outlook, saying a rebound in the market for personal computers will take longer than expected. The shares declined about 5.5% in extended trading.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsCrypto Scores Landmark US Legal Win With Grayscale ETF RulingStocks Up Most Since June
( 32
min )
To come up with their list, the strategists assessed free cash flow as well as cash burn or spending for the previous 12 months.
( 27
min )
In a recent episode of "The Ramsey Show," renowned radio host and personal finance expert Dave Ramsey delivered a straightforward message to a young woman from Orlando, Florida. Ramsey bluntly stated, "Ouch. You've screwed yourself. You've really made yourself a mess." This response came after the woman, identified as 28-year-old Selena, shared her recent financial decision to withdraw $26,000 from her 403(b) retirement account to fund a down payment for home construction, with the intention of
( 32
min )
(Bloomberg) -- Trinity Regional Hospital Sachse, a full-service hospital and emergency room near Dallas, filed for bankruptcy with plans to sell itself just two years after opening.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsCrypto Scores Landmark US Legal Win With Grayscale ETF RulingStocks Up Most Since June as Fed Bets Sink Yields: Marke
( 30
min )
(Bloomberg) -- Mullen Automotive Inc. has accused brokerages TD Ameritrade and Charles Schwab of facilitating naked short selling and damaging the electric-vehicle company’s stock price. Most Read from BloombergPutin Agrees to Visit China in First Trip Since Arrest WarrantCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesWhat to Do With a 45-Story Skyscraper and No TenantsUS Court Paves Way for Spot Bitcoin ETF in Grayscale RulingS&P 500 Climbs 1% as Traders Dial Back Fed Wagers: M
( 32
min )
In 2019, The Walt Disney Co. celebrated several major successes, including the launch of Disney+ with 10 million subscribers on Day 1, a massive $71 billion acquisition of Fox's entertainment assets and the release of "Avengers: Endgame," the second-highest-grossing movie ever. These achievements showcased Disney's ability to leverage its intellectual property (IP) across various platforms, from theaters to theme parks and streaming. Fast forward almost four years, and doubts have emerged about
( 33
min )
↘️ Hawaiian Electric Industries (HE): The utility company’s stock was down more than 3% in afternoon trading following a big jump Monday. A unit of Hawaiian Electric [denied Monday](https://www.wsj.com/us-news/climate-environment/hawaiian-electric-den
( 24
min )
Globalstar also hires other executives from startup founded by Paul Jacobs.
( 25
min )
Shares of Broadcom, Nvidia, and AMD are rising Tuesday as the sector looks to regain favor with investors.
( 26
min )
A spot-based Bitcoin ETF is now likely coming. Coinbase and other Bitcoin-related stocks are surging.
( 27
min )
Bitcoin rose Tuesday, extending gains after a court ruled that the Securities and Exchange Commission should not have rejected asset manager Grayscale's spot bitcoin exchange-traded fund applicatio
( 22
min )
The golden age of wage growth may be over, according to a new ZipRecruiter survey.
( 32
min )
An appeals court rules the SEC acted arbitrarily when it denied Grayscale's attempt to convert its Bitcoin trust into an ETF.
( 26
min )
Investors don't know the fate of the famous American manufacturer. Something big is likely to happen though.
( 26
min )
Are you maxing out the 401(k) plan you have at work every year? Do you still have money left for saving and investment after contributing the maximum to your 401(k) and maybe an IRA or two? If so, then you … Continue reading → The post Executive Deferred Compensation Plans appeared first on SmartAsset Blog.
( 33
min )
Managers are being ordered to dodge employees' questions about how the latest budget cuts will impact their pay.
( 32
min )
(Bloomberg) -- Mat Ishbia, the new owner of the Phoenix Suns, pledged more than half of mortgage giant UWM Holdings Corp.’s outstanding shares to secure loans before buying the NBA team for a record $4 billion.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsStocks Up, Yields Down as Data Fuel Fed Skip Bets: Markets WrapAuto Union Boss Wants 46%
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With home prices hitting record highs, you’d think more people would be putting their houses up for sale—but most people with 30-year fixed-rate mortgages got them at a time when mortgage rates were much lower.
( 18
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The markets have experienced a period of volatility over the past month, raising questions about where they might be heading next. Has the year’s strong rally hit a brick wall, or is it just a pause before the next leg up? It’s a question that has been fielded to Goldman Sachs’ chief U.S. equity strategist David Kostin. The good news for investors is that going by the direction the wider economy is taking, Kostin makes some reassuring noises on the matter. Decelerating inflation data offers conf
( 34
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Citi’s Michael Rollins raised Verizon and AT&T to Buy from Neutral but kept a High Risk rating on both stocks, as investors wait for more news on lead-sheathed cable exposure.
( 27
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Steelmaker says it has “multiple unsolicited proposals” that include buyouts.
( 25
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Steelmaker says it has “multiple unsolicited proposals” that include buyouts.
( 25
min )
Oracle upgraded, Farfetch downgraded: Wall Street's top analyst calls
( 33
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Nvidia shares have largely moved sideways since its latest earnings. The risks posed by a potential customer slowdown, further China restrictions and growing competition might all be playing on investors' minds.
( 27
min )
Nvidia shares have largely moved sideways since its latest earnings. The risks posed by a potential customer slowdown, further China restrictions and growing competition might all be playing on investors' minds.
( 27
min )
Citi’s Michael Rollins raised Verizon and AT&T to Buy from Neutral but kept a High Risk rating on both stocks, as investors wait for more news on lead-sheathed cable exposure.
( 27
min )
(Bloomberg) -- Bank of Montreal put aside more money for potentially sour loans and severance costs as it absorbs Bank of the West during a difficult period for US regional lenders. Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M Agrees
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Experts explain that the risky move—which many tie to plans for the founder to step down—could allow the company to catch up with key trends in private board practices that make a board more agile.
( 32
min )
The IRS recently announced some welcome news for higher-income workers with 401(k)s and similar retirement plans. The agency delayed implementing a new rule that would have required catch-up contributions made by people earning over $145,000 to be directed into an after-tax Roth account. The rule change was originally set to start in 2024, but will […] The post Good News for People Who Make $145K: IRS Delays New Catch-Up Contribution Rule Until 2026 appeared first on SmartReads by SmartAsset.
( 32
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(Bloomberg) -- PDD Holdings Inc.’s revenue rose a stronger-than-expected 66% after the company behind hit shopping app Temu spent to boost growth at home and abroad to counter a bumpy post-pandemic recovery.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerChina’s Worsening Economic Slowdown Is Rippling A
( 33
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Jassy reportedly told staff: "It's past the time to disagree and commit."
( 33
min )
NIO reports an adjusted second-quarter loss of 45 cents a share from sales of $1.2 billion. Wall Street was looking for a per-share loss of about 33 cents a share on sales of $1.3 billion.
( 26
min )
Heavy investment pouring into the U.S. auto sector helps make the company an interesting play on an American manufacturing renaissance.
( 28
min )
Plug Power has increased its investment, jobs and hydrogen production plans for its Genesee County plant.
( 9
min )
NIO and Best Buy are scheduled to post quarterly earnings on Tuesday, AT&T and Verizon stocks are upgraded, Heico falls after its earnings report, and 3M's board has approved a $6 billion earplugs settlement, according to The Wall Street Journal.
( 27
min )
(Bloomberg) -- VinFast Auto Ltd. is unprofitable, thinly traded and exciting individual investors as it rises faster than any other large-cap stock worldwide.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M Agrees to Pay More Than $5.5 Bi
( 33
min )
(Bloomberg) -- China’s biggest-selling auto brand withstood a raging price war that engulfed the country this year, with BYD Co. posting second-quarter profit that surged 145% and sending its shares climbing. Most Read from BloombergAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesChina’s Worsening Economic Slowdown Is Rippling
( 32
min )
The largest dividend-payers in the energy sector of the S&P 1500 include oil and gas producers and pipeline companies.
( 27
min )
"For the first time in a long time, we are seeing customers reduce or cancel orders due to softening end-use demand," a survey respondent said.
( 31
min )
"When you go from record-low mortgage rates to levels that we haven't seen for almost 20 years, you've destroyed both demand and supply," El-Erian said.
( 31
min )
Happy talk from Washington, consistently low unemployment, and a slowing pace of inflation have combined to support a positive market sentiment – but can it last? ‘Shark Tank’ star Kevin O’Leary believes it won’t, and he does not hesitate to list the headwinds that could bring ‘real chaos’ by the year’s end. The key factor is higher interest rates. The Federal Reserve has already pushed rates up to their highest level in over 20 years, and the repercussions are spreading. O’Leary takes special c
( 34
min )
Today's best CD rates are 5.85% from One America Bank, 5.80% from Finworth, and 5.75% from Abound Credit Union, MapleMark Bank, or BluPeak Credit Union.
( 19
min )
An 800-plus credit score shows that you're an exceptional borrower. Here's how to get one and how to enjoy all the benefits it entitles you to.
( 25
min )
A subprime borrower is a person who is considered to be a relatively high credit risk for lenders and who may have a harder time obtaining credit, especially at good interest rates.
( 24
min )
An authorized transaction is a debit or credit card payment for which the merchant has received approval from the card-issuing bank. In most cases today, the authorization process is electronic and virtually instantaneous.
( 22
min )
The September Effect is a calendar anomaly that refers to historically weak stock market returns for the month of September.
( 22
min )
U.S. equities gained, with the S&P 500 closing 1.5% higher on Tuesday, Aug. 29, 2023, as jobs data boosted hopes of a rate hike pause.
( 16
min )
A year and a half into the Federal Reserve’s campaign of anti-inflation interest rate hikes meant to slow the economy, companies are only just beginning to feel the impact on their finances.
( 17
min )
The maker of peanut butter, jelly, and other food products posted a fiscal 2024 first quarter profit of $2.21 per share, exceeding analysts’ estimates.
( 17
min )
Shares of Big Lots skyrocketed after the discount furniture and home products retailer posted a lower-than-expected loss and decline in sales as customer demand improved.
( 17
min )
Segregated Witness (SegWit) refers to a soft fork change in the transaction format of Bitcoin.
( 22
min )
Leading global GDP growth rates are increasing the attention on the Reserve Bank of India.
( 24
min )
Seventy-four of the top 100 metropolitan areas saw house prices rise over the last four quarters.
( 17
min )
Apple has announced a Sept. 12 date for its latest event, expected to highlight the iPhone 15 and an update for the Apple Watch.
( 17
min )
The savings account at Apple Bank offers competitive rates, but are they competitive enough? We reviewed Apple Bank so you can decide if the bank is right for you.
( 21
min )
The oil and gas exploration and production sector currently makes up around 3.8% of the global economy.
( 23
min )
The U.S. Court of Appeals for the D.C. Circuit has ruled the SEC will need to review Grayscale's application for the launch of a spot bitcoin ETF again.
( 17
min )
Fiscal Policy is the sister strategy to monetary policy, through which a central bank influences a nation's money supply.
( 26
min )
The Kyoto Protocol is an international agreement adopted in 1997 that aimed to reduce carbon dioxide emissions and the presence of greenhouse gases.
( 27
min )
Capital One savings account interest rates are higher than average, and the bank doesn’t charge monthly maintenance fees or have a minimum deposit requirement.
( 21
min )
The tech giant announced a host of new products aiming to capitalize on artificial intelligence demand at its Cloud Next conference Tuesday.
( 16
min )
Best Buy (BBY) on Tuesday reported better-than-expected earnings for its latest fiscal quarter, but acknowledged a challenging sales backdrop as consumers bought fewer electronics and appliances.
( 18
min )
U.S. equities rose at midday on Tuesday, Aug. 29, 2023, boosted by tech stocks, as new job openings data raised optimism the Fed may ease off monetary tightening.
( 16
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SEC Form 13F is a quarterly report filed by investment managers to the Securities and Exchange Commission that discloses their U.S. equity holdings.
( 23
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Through Lending Club’s high-yield savings accounts, you can earn a higher-than-average APY with no monthly service fees. All you need to get started is $100.
( 21
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The house price index (HPI) is a broad measure of the movement of single-family house prices in the United States.
( 22
min )
Marcus by Goldman Sachs only offers a few account types, but what it does offer, it does well. Learn how you can benefit from its online high-yield savings account.
( 22
min )
ADRs of Chinese multinational commerce group PDD Holdings jumped on higher sales at its e-commerce sites Pinduoduo and Temu.
( 16
min )
Catalent shares surged after the struggling drug manufacturer said it would conduct a strategic review and made a deal with activist investor Elliott Investment Management.
( 18
min )
State Farm is more than just an insurance company. It offers banking services and competitive interest rates for its savings account.
( 20
min )
ADRs of Nio sank after the Chinese electric vehicle maker posted a wider loss and lower revenue as deliveries dropped.
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min )
You can earn a higher-than-average APY with a TD Bank savings account. But TD Bank only offers the highest interest rates on accounts with high balances.
( 21
min )
By 2026, Medicare recipients could pay lower prices for 10 of the most expensive and widely used prescription drugs.
( 19
min )
Wells Fargo offers two types of savings accounts, but the rates are low unless you carry a large balance.
( 22
min )
A cryptocurrency wallet is a software program that stores your cryptocurrency keys and lets you access your coins. Discover how crypto wallets work.
( 26
min )
A savings account is an essential part of your financial toolbox. Learn about Ally Bank savings accounts and their rates and decide if they are a fit for you.
( 21
min )
Current and capital accounts represent two halves of a nation's balance of payments: net income and net change of assets and liabilities respectively.
( 22
min )
A system malfunction has led Toyota to suspend operations in all 14 of its plants in Japan, disrupting its supply chain and temporarily impacting output.
( 17
min )
With home prices hitting record highs, you’d think more people would be putting their houses up for sale—but most people with 30-year fixed-rate mortgages got them at a time when mortgage rates were much lower.
( 16
min )
BYD reported a 204.7% jump in profit in the first half of the year, stemming from its auto segment as deliveries broke a record.
( 17
min )
A warm card is a type of bank card that provides restricted access to a business account. Typically, these cards allow deposits but not withdrawals.
( 21
min )
Personal loan rates moved up again this week, to 21.11%, adding 24 basis points since last week when the average personal loan rate sat at 20.87%.
( 18
min )
Reduce the cost of owning and maintaining a car with these clever tax tips.
( 22
min )
Delaware provides favorable tax shelters, which has led high numbers of companies to incorporate there.
( 22
min )
Credit rating agencies assess the creditworthiness of companies and governments and the debt they issue, while credit bureaus provide credit information on individual consumers.
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min )
These are the top 10 most heavily weighted stocks in the S&P 500 Index.
( 25
min )
Beer is a complex beverage shaped by supply and demand, production and distribution – with regulation thrown in for that extra kick.
( 24
min )
Low working capital can be either a sign of financial trouble or an indication of savvy business management. Learn more about how to judge the difference.
( 20
min )
De prijzen voor elektrisch rijden per laadpunt zijn niet altijd even duidelijk voor consumenten, blijkt uit onderzoek van de Consumentenbond. Ook verschillen de laadtarieven soms flink. Experts en NU.nl-lezers geven tips over hoe je je auto toch goedkoop kunt opladen.
( 4
min )
Opsporingsdiensten van zeven landen, waaronder Nederland, hebben vrijdag en zaterdag samen een groot crimineel netwerk van gehackte computers ontmanteld. Met het netwerk van 700.000 gehackte computers konden hackers fraude plegen of bedrijven afpersen.
( 3
min )
De Franse overheid probeert bedrijven nog meer aan te moedigen om de prijzen te verlagen. Ook ligt er een plan om kortingen op verzorgingsproducten te maximeren. Supermarktketen Carrefour merkt dat Fransen de hand op de knip houden en wil uitstel.
( 4
min )
Barça Media, een dochterbedrijf van profvoetbalclub FC Barcelona, verhuist zijn hoofdkantoor naar Nederland. Het hoopt hierdoor beter toegang te krijgen tot Amerikaanse investeerders. Het is het tweede Spaanse bedrijf in korte tijd dat naar ons land komt.
( 4
min )
China heeft mensen in andere landen geprobeerd te beïnvloeden met ruim 7.700 spam-accounts op Facebook en Instagram. Facebook-moederbedrijf Meta zegt dat het alle accounts heeft verwijderd in wat het bedrijf 'de grootste opruimactie ooit' noemt.
( 3
min )
Het gevaar van betaalproblemen en restschulden bij aflossingsvrije hypotheken is in de afgelopen drie jaar grotendeels geweken. Het aantal huishoudens met een risicovolle aflossingsvrije hypotheek is afgenomen van bijna 600.000 begin 2020 naar ruim 200.000 nu.
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min )
Frankrijk ziet het zonnig in: het meestbezochte land ter wereld verwacht dit jaar maar liefst 67 miljard euro aan inkomsten uit toerisme. Dat is fors meer dan de 58 miljard euro van vorig jaar.
( 3
min )
De populaire Volkswagen-curryworst maakt binnenkort een comeback in de bedrijfskantine van het autobedrijf. De kantine in het directiegebouw schrapte de worst in 2021 van het menu, omdat die geen vlees- en visproducten meer verkocht.
( 4
min )
NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. De prijzen voor elektrisch laden kunnen flink verschillen per laadpunt, blijkt uit onderzoeken van de Consumentenbond. Rijd jij in een elektrische auto? Hoe zorg je ervoor dat je goedkoop kunt laden? Deel je tips!
( 2
min )
Het risico op betaalproblemen en restschulden op aflossingsvrije hypotheken is in de afgelopen drie jaar voor een groot deel verdwenen. Het aantal huishoudens met een risicovolle aflossingsvrije hypotheek daalde van bijna 600.000 begin 2020 naar ruim 200.000 nu.
( 4
min )
De populaire Volkswagen-curryworst maakt binnenkort een comeback in de bedrijfskantine van het autobedrijf. De kantine in het directiegebouw schrapte de worst in 2021 van het menu, omdat die geen vlees- en visproducten meer verkocht.
( 4
min )
De technische storing bij de Britse luchtverkeersleiding die maandag is ontstaan, kan volgens BBC News "nog dagen aanhouden". Vanwege de storing zijn al honderden vluchten geannuleerd.
( 3
min )
Nederland wordt steeds minder afhankelijk van Duitsland. Dat is een van de redenen dat de Nederlandse economie bovengemiddeld snel hersteld is van de coronacrisis.
( 3
min )
De populaire Volkswagen-curryworst maakt binnenkort een comeback in de bedrijfskantine van het autobedrijf. De kantine in het directiegebouw schrapte de worst in 2021 van het menu, omdat die geen vlees- en visproducten meer verkocht.
( 4
min )
De technische storing bij de Britse luchtverkeersleiding die maandag is ontstaan, kan volgens BBC News "nog dagen aanhouden". Vanwege de storing zijn al honderden vluchten geannuleerd.
( 3
min )
A box-top order is an order to buy or sell the best market price.
( 18
min )
The Fed has already pushed CD rates to record levels—as high as 5.85%. But it still has three 2023 meetings to go. Will it nudge interest rates even higher this year?
( 17
min )
U.S. equities added to last week's gains, with the S&P 500 closing up 0.6% on Monday, Aug. 28, 2023, following Fed Chair Powell's interest rate hike comments.
( 16
min )
Novocure shares plunged after the provider of cancer-fighting treatments reported a Phase 3 trial of its Tumor Treating Fields (TTFields) therapy for ovarian cancer patients failed to meet its goal.
( 17
min )
Ever since a pandemic-era protection for Medicaid recipients expired in March, states have removed more than 5.4 million people from the rolls—with some states showing more gusto for disenrolling than others
( 17
min )
Today's best CD rates are 5.85% from One America Bank, 5.75% from Abound Credit Union, MapleMark Bank, and BluPeak Credit Union, and 5.70% from Langley Federal Credit Union.
( 21
min )
Learn about the fundamental concept of supply and demand and how it relates to individual daily purchases.
( 22
min )
Medical tool supplier Danaher moved to expand its product offerings by purchasing British biotech firm Abcam Plc for $5.7 billion, including debt.
( 16
min )
Inflation and the value of money have an inverse relationship. Inflation decreases the value of a dollar, making what you have today worth less tomorrow.
( 25
min )
ChatGPT Enterprise offers faster performance and uncapped data usage and has already been deployed by companies including Block, Canva, and Estee Lauder.
( 17
min )
Over four million consumers have been cheated out of almost $3.1 billion, CFPB says.
( 18
min )
The U.S. Department of Transportation fined American Airlines for violating its rules on tarmac delays of three hours or more.
( 18
min )
MINT (Mexico, Indonesia, Nigeria, Turkey) is an acronym that refers to a group of countries with the potential to realize rapid economic growth.
( 19
min )
The Big Five Banks is a term to describe the five largest banks in Canada: Royal Bank, The Bank of Montreal, Canadian Imperial Bank of Commerce, The Bank of Nova Scotia and TD Canada Trust.
( 22
min )
Goldman Sachs on Monday agreed to sell off its Personal Financial Management (PFM) unit to Creative Planning, a Kansas-based Registered Investment Advisor (RIA).
( 17
min )
A government policy has microeconomic effects whenever its implementation alters the inputs and incentives for individual economic decisions.
( 21
min )
Life settlements allow life insurance owners to sell a policy they no longer want or need. Here's how these deals work.
( 23
min )
Employers having a hard time filling jobs could get some help from a source that’s traditionally boosted the U.S. economy—immigration.
( 19
min )
Grocery delivery app Instacart filed its application for an Initial Public Offering (IPO) on Friday after the easing pandemic cut its valuation before a previous attempt late last year.
( 17
min )
The Express is live and direct from Invest Fest 2023, the flagship event from Earn Your Leisure, as 20,000 attendees flock to Atlanta to learn wealth building, entrepreneurship, and investing lessons from some of the biggest names in the business.
( 19
min )
Examining the gross domestic product growth and composition of Mexico, the second-largest economy in Latin America.
( 25
min )
U.S. equities gained at midday on Monday, Aug. 28, 2023, adding to Friday's advance following interest rate comments from Fed Chair Jerome Powell.
( 16
min )
Rates on 30-year mortgages rose moderately, but thanks to a notable dip in the previous days, rates are still below the 22-year high they reached early last week.
( 20
min )
3M shares jum reports the conglomerate has tentatively settled lawsuits over accusations of hearing loss by members of the military who used its earplugs.
( 18
min )
Boston Scientific (BSX) reported positive results from a clinical trial for an electrical field system to treat patients with atrial fibrillation (AF).
( 16
min )
Financial analysts work in different ways. Learn about potential conflicts of interest and whether a sell-side, buy-side, or independent analyst is for you.
( 24
min )
Initial vehicle deliveries in Belgium, Switzerland, and the Netherlands are slated for the end of September.
( 18
min )
Read about the impact of quantitative easing, or QE, on stock market prices, and learn the potential implications of ending this monetary policy.
( 22
min )
Horizon Therapeutics shares jumped more than 5% early trading Monday after the FTC said it would suspend its challenge to Amgen's acquisition of the drug maker.
( 18
min )
Jabil shares jumped after agreeing to sell its mobility business to the electronics arm of EV maker and Apple vendor BYD for $2.2 billion.
( 17
min )
The price of an option, otherwise known as the premium, has two basic components: intrinsic value and time value.
( 20
min )
Chinese start-up Xpeng eliminated a potential rival and gained tech by acquiring mobility company DiDi's smart EV development arm, leading its shares to soar.
( 17
min )
Stellar, which shares similarities with Ripple, is a low-cost, open-source, distributed ledger platform.
( 21
min )
Driverless cars have piqued human interest for centuries. A true driverless car, however, has remained elusive until recently.
( 26
min )
Fears are rising that China is headed for an economic "hard landing" due to its property sector's debt accumulation—leading to concerns it may impact other international economies.
( 19
min )
A survey of July mortgage performance data by analytics firm Black Knight finds that foreclosure activity has hit its lowest level in 15 months, as serious delinquencies continue to fall.
( 18
min )
Common policy declarations contain the basic information that defines an insurance policy, such as the amount of coverage, premium, and policy terms.
( 20
min )
Maximum Foreseeable Loss (MFL) is the largest financial hardship a policyholder may have after an adverse event damages or destroys covered property.
( 20
min )
Your health insurance plan has set co-pays for doctor visits and prescriptions, as well as a deductible. But what’s the difference between the two?
( 23
min )
Discover the impact that Amazon has on the greater U.S. economy in terms of wage growth, inflation, and wealth creation.
( 26
min )
There are significant obstacles preventing perfect competition in today's economy, and many economists think it is better that way. Learn more about why this happens.
( 22
min )
A security deposit is money that is given to a lender, seller, or landlord as proof of intent and may be used to pay for damages caused by a renter.
( 19
min )
All-risks coverage is insurance coverage for any incident that an insurance policy doesn’t specifically exclude.
( 18
min )
Chain banking is a form of bank governance that occurs when a small group of people control at least three banks that are independently chartered.
( 22
min )
Bitcoin's debut as an investment vehicle may be complicated by the rehypothecation and commingling practices of Wall Street firms.
( 19
min )
(Bloomberg) -- In a hotel ballroom overlooking the South China Sea, 24-year-old Taylor sits with 13 other university students in hoodies and sneakers coding away on laptops during their school break. Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money Man
( 35
min )
Workhorse Group fell short in its first try to get shareholders to more than double the number of outstanding shares in the electric step van maker. The post Workhorse falls short on votes to increase share count appeared first on FreightWaves.
( 32
min )
“China has now seen consistent and large outflows for the past 18 months, as investors grow wary of autocracies,” IIF chief economist Robin Brooks wrote in a Sunday post.
( 32
min )
Medical Properties Trust is responding to a skeptical take on its Prospect deal.
( 15
min )
The cuts at the Los Angeles-based insurance company amount to 11% of its workforce. They come as insurers have shown increasing reluctance to write policies for Californians.
( 32
min )
Through Friday, the market benchmark was down 5.3%, while the tech stock had fallen 9.1%.
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min )
Here's what has changed, what has not, and what has stayed the same since the July bid for the Pittsburgh steelmaker became public two weeks ago.
( 10
min )
Personal finance expert Dave Ramsey has raised concerns about the growing popularity of adjustable-rate mortgages (ARMs). In a recent episode of "The Ramsey Show," Ramsey didn't hold back in describing ARMs as a "ticket to foreclosure" rather than a pathway to homeownership. In the episode, co-host George Kamel brought up a "passive-aggressive" question posted on Experian regarding whether adjustable-rate mortgages could help people purchase homes. Ramsey made it clear that he saw a potentially
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min )
Ever wondered where the truly wealthy stash their cash? It’s a question that fascinates many, and the answer might surprise you. A recent survey by Bank of America Private Bank sheds light on the financial habits of millionaires in the United States. It turns out that the wealthiest Americans, particularly those ages 21 to 42 with at least $3 million in investable assets, are taking a different approach to wealth management than their older counterparts. According to the survey, these young mill
( 32
min )
After toppling Bud Light to become the best-selling beer brand in the U.S. on the year, Modelo Especial has extended its lead over the beleaguered Anheuser-Busch brand.
( 32
min )
“Copper’s eventual bull run is likely to make oil’s famous 2008 rally look like child’s play,” Citi’s managing director for commodities research, told clients.
( 33
min )
The popular A.I. open-source platform Hugging Face was already a unicorn in 2022, but the company just keeps drawing in major funding.
( 33
min )
In the realm of wise investors and business moguls, Charlie Munger, the billionaire business partner of Warren Buffett, is a source of valuable advice. His interests span wide, but they all converge on a singular focus: the pursuit of wealth, happiness and the avoidance of making dumb mistakes. During the 2023 Berkshire Hathaway Inc. annual meeting, Buffett expressed his desire to be born in the present day, considering it a superior world compared to any before. He acknowledged that modern comm
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min )
As the chairman of O’Leary Ventures and a star on the reality TV show “Shark Tank,” Kevin O’Leary has seen a lot of business triumphs and blunders. But what’s been happening to Bud Light lately still strikes him as unprecedented. In a recent interview with Fox Business, O’Leary said that Bud Light's situation is unheard of in the beer industry. “Beer brands take decades to build and usually are fighting [for] 1% to 2% share per year by spending hundreds of millions of dollars on advertising,” he
( 33
min )
Inflation has been a big concern for both the Federal Reserve and investors. But according to Tom Lee, co-founder and head of research at Fundstrat Global Advisors, this concern will soon diminish. "I think inflation is on a glide path towards sub three, sub two by the middle of next year," Lee said on CNBC recently. In July, the consumer price index (CPI) rose 3.2% from a year ago. Core CPI, which excludes food and energy, showed a 12-month increase of 4.7%. Both metrics increased by 0.2% month
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min )
Through Friday, the market benchmark was down 5.3%, while the tech stock had fallen 9.1%.
( 26
min )
VinFast stock is soaring again on heavy trading volume. The average holding period for VinFast stock is less than two days.
( 26
min )
There is good news for investors in the aerospace company a few days after a quality problem with a supplier knocked a few dollars off the stock price.
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min )
Just because something hasn’t happened yet, doesn’t mean it isn’t about to. That essentially is the view of legendary investor Stanley Druckenmiller on the prospect of a looming recession. Unlike other financial prognosticators, Druckenmiller hasn’t flip-flopped on the issue and has remained adamant a recession is on the way. “To me the probabilities haven’t changed,” Druckenmiller has said, “it has been pushed out relative to expectations, but in no way does the fact that it hasn’t started yet
( 34
min )
Nvidia upgraded, CrowdStrike downgraded: Wall Street's top analyst calls
( 33
min )
China’s Ministry of Finance on Sunday said it would halve stamp duty on securities transactions, to 0.05%, starting Monday.
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The electric-vehicle company announced it has opened up new European distribution markets in Belgium, the Netherlands, and Switzerland.
( 26
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XPeng plans to launch a new EV brand in 2024, targeting the mass market segment at a price range of around 150,000 Chinese yuan ($20,565).
( 27
min )
Smaller owners of hotels are finding it tough to compete against giant players like Host. The Hersha takeover may not be the last opportunistic move by private equity we see in the lifestyle hotel segment.
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Buybacks can often be a key ingredient to stock market returns for investors.
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The industrial scientific-supplies company agrees to acquire all shares outstanding for $24.00 each.
( 26
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3M is said to be close a settlement, estimated at about $5.5 billion, that could resolve hundreds of thousands of lawsuits from veterans blaming the company's earplugs for hearing loss.
( 9
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Everyone is talking about an anonymous memo containing damning—and potentially fabricated—accusations against the hedge fund.
( 32
min )
The electric-vehicle company announced it has opened up new European distribution markets in Belgium, the Netherlands, and Switzerland.
( 26
min )
The Wall Street Journal reports that 3M is nearing a $5.5 billion settlement to resolve claims over potentially faulty earplugs. The amount is lower than analysts expected.
( 26
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The company made a blowout debut on Wall Street this month and has quickly grown in valuation to become the third-most valuable automaker - only behind Tesla and Toyota. But Vinfast's small amount of publicly available shares has made the stock prone to volatility, with shares jumping or slumping more than 14% in 11 of the past 12 sessions. The stock was on track to add nearly $50 billion to its market capitalization, based on the premarket share price of $90.55.
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Taiwanese microchip manufacturer TSMC blames struggle to build Phoenix plant on skilled labor shortage but workers cite disorganization and safety concerns
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XPeng plans to launch a new EV brand in 2024, targeting the mass market segment at a price range of around 150,000 Chinese yuan ($20,565).
( 27
min )
Years of disappointment have sapped investor interest in the Californian maker of fuel-cell electricity generators, but now power-starved data center owners are knocking.
( 26
min )
Bitcoin is giving up gains made over the weekend.
( 26
min )
(Bloomberg) -- Beaten-down US Treasuries are proving irresistible to some investors even after Federal Reserve Chair Jerome Powell said he’s ready to raise interest rates again to choke off inflation.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsSaudi Arabia’s Interested in Champi
( 32
min )
(Bloomberg) -- Viasat Inc. has more than $1 billion of orbiting satellites in trouble, and space insurers are girding for market-rattling claims.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsSaudi Arabia’s Interested in Champions League Football EntryThe company’s roughly $1 billi
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Homeowners are responding to a sharp rise in the cost of a policy.
( 26
min )
Chinese ride-hailing firm Didi Global has agreed to sell its electric vehicle (EV) arm to EV maker Xpeng in exchange for shares worth HK$5.84 billion (US$744 million), exiting a once promising business that is now crowded with 200 licensed players. Guangzhou-based Xpeng will issue the shares at HK$64.03 apiece, according to exchange filings by the two companies on Monday. Beijing-based Didi, which was slapped with an 8 billion yuan (US$1.1 billion) fine for data violations by China's internet wa
( 33
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Interest on federal loans restarts on Friday and the first payments are due in October.
( 27
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The contract electronics manufacturer says the deal is the largest in its history.
( 27
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3M is a nearing a settlement of about $5.5 billion that would resolve claims it sold faulty combat earplugs to the U.S. military, The Wall Street Journal reports, Jabil reaches an agreement to sell its mobility business to BYD Electronic for about $2.2 billion, and shares of Alibaba and JD.com rise after the Chinese government says it will reduce a tax on trading.
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BENGALURU (Reuters) -India's Reliance Industries Ltd on Monday appointed the three children of Chairman Mukesh Ambani as board directors at the oil-to-telecoms conglomerate, as the billionaire prepares to eventually hand over the reins. Ambani, Asia's richest person, has previously said his children Isha, Akash and Anant would have significant roles in the business and that Reliance was "in the process of effecting a momentous leadership transition". Mukesh Ambani was re-appointed as chairman of the company for another five years in July.
( 32
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China’s Ministry of Finance on Sunday said it would halve stamp duty on securities transactions, to 0.05%, starting Monday.
( 27
min )
JPMorgan analysts have indicated that the recent corrective phase in the cryptocurrency markets, accompanied by liquidations, might have concluded.
( 30
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(Bloomberg) -- Chinese stocks jumped after authorities announced a slew of measures to woo back investors including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings. The yuan also strengthened. Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsChina Stocks May Open Higher on Measures to Boost MarketChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M
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min )
Tail risk refers to the risk of an asst moving three standard deviations from its current price on the back of a rare event.
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Here is your Pro Recap of the biggest analyst picks and cuts you may have missed today: upgrades at Forward Air, Zimmer Biomet, and UGI, and downgrades at CrowdStrike and L3Harris Technologies. Crowdstrike (NASDAQ:CRWD) shares fell more than 2% premarket today after Morgan Stanley downgraded the company to Equalweight from Overweight and cut its price target to $167.00 from $178.00 ahead of Q2/24 earnings announcement on Wednesday. Morgan Stanley believes that the consensus forecast for NNARR is overly optimistic at 6% year-over-year growth in Q3 and sees a downside to a 12% growth estimate in Q4.
( 32
min )
(Bloomberg) -- China Evergrande Group delayed key votes on its offshore-debt restructuring plan just hours before they were to occur Monday, adding to uncertainty in a protracted process to finalize one of the country’s biggest restructurings ever.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion Over Mi
( 33
min )
I insisted for years that a seasonal pattern doesn’t exist for stocks. A recent study has changed my mind.
( 26
min )
(Bloomberg) -- Tech billionaire Terry Gou denied Beijing could pressure him through his extensive operations in the country, which include much of Apple Inc.’s supply chain — in comments that came as he said he’d run in Taiwan’s next presidential election.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion
( 32
min )
Regulators cut stamp duty and plan to reduce IPO supply.
( 26
min )
If you liked the chip maker in January, you should like it now. The stock hasn't had such a low forward price/earnings ratio since the price was a lot lower.
( 26
min )
Malaysia will create a "special financial zone" in embattled Chinese developer Country Garden's $100 billion project in the Southeast Asian nation and offer incentives to attract investments, Prime Minister Anwar Ibrahim said. The massive Forest City project is being build across four reclaimed islands in Malaysia's Johor state near Singapore, and aims to house 700,000 people by 2035. It will include office towers, malls and schools in addition to residential buildings.
( 31
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(Bloomberg) -- Didi Global Inc. has agreed to sell its smart car development arm to Xpeng Inc. for HK$5.84 billion ($744 million), exiting a promising business in the world’s largest electric vehicle market.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketThree US Marines Killed After O
( 31
min )
China Evergrande Group, the world’s most indebted developer, narrowed its first-half loss significantly mainly due to an absence of impairment loss on investments.
( 25
min )
XPeng’s shares rose sharply in Hong Kong after the electric-vehicle maker announced a strategic partnership with ride-hailing giant DiDi Global.
( 25
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(Bloomberg) -- Asian stocks look poised to follow US equities with modest gains Monday after Jerome Powell said the Federal Reserve would “proceed carefully” on whether to raise interest rates again, while signaling policy will remain tighter for longer.Most Read from BloombergMarkets Brace for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsThree US Marines Killed After Osprey Crash in AustraliaChina Cuts Stock Trade Tax, Tightens IPOs to Boost
( 33
min )
(Bloomberg) -- China Evergrande Group is poised to resume stock trading on Monday, ending a 17-month halt, after the world’s most-indebted developer unveiled a $4.5 billion loss in the first half.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketThree US Marines Killed After Osprey Crash
( 32
min )
Bitcoin, Ether and other top 10 non-stablecoin cryptocurrencies held steady, despite Fed chair Jerome Powell's hawkish comments on U.S. inflation.
( 32
min )
(Bloomberg) -- Chinese stocks jumped after authorities announced a slew of measures to woo back investors including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings. Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsChina Stocks May Open Higher on Measures to Boost MarketChina’s Worsening Economic Slowdown Is Rippling Across the GlobeThree US Marines Killed After
( 32
min )
(Bloomberg) -- The electronics arm of electric-vehicle maker BYD Co. agreed to buy Jabil Inc.’s manufacturing business in China for 15.8 billion yuan ($2.2 billion), expanding its reach in mobile devices.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsChina Stocks May Open Higher on Measures to Boost MarketChina’s Worsening Economic Slowdown Is Rippling Across the GlobeThree US Marines Killed After Ospre
( 31
min )
HONG KONG (Reuters) -Shares of China Evergrande Group shed 86.7% early on Monday when trading resumed following a 17 month suspension, after saying it had "adequately" fulfilled all guidance issued by the Hong Kong Stock Exchange. Evergrande, the world's most-indebted property developer, is at the centre of a crisis in China's property sector that since late 2021 has seen a string of debt defaults. Its shares listed in Hong Kong traded as low as HK$0.22 on Monday, with its market capitalisation shrinking to HK$3.2 billion ($408.02 million).
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Layoffs are down, but employers are still finding ways to cut jobs.
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China's car hailing giant Didi said it is selling its autonomous vehicle unit to electric car company Xpeng, forming a strategic partnership to launch a new car brand in 2024. To acquire assets related to Didi's smart EV project, Xpeng will issue class A shares representing about 3.25% of the company's outstanding share capital, Xpeng said.
( 31
min )
Charlene Chu, senior analyst at Autonomous Research, talks to Barron's about China’s ailing economy, high debt, troubled real-estate market, and opaque banking system.
( 26
min )
(Bloomberg) -- Global investors have little confidence that China will succeed in shoring up its financial markets, predicting that mounting economic stress will drive the yuan’s offshore exchange rate to historic lows.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketThree US Marines Ki
( 32
min )
Onze economie kon vorig jaar flink profiteren van het groeiend aantal toeristen. Buitenlandse en Nederlandse vakantiegangers gaven samen 96 miljard euro uit in ons land, ongeveer 60 procent meer dan in coronajaar 2021.
( 3
min )
De tarieven van openbare laadpalen kunnen flink uiteenlopen, zelfs binnen één straat. Bovendien zijn de prijzen voor consumenten lang niet altijd duidelijk. Dat blijkt uit onderzoek van de Consumentenbond.
( 4
min )
Door een lek bij het Kadaster was het mogelijk om namen en woonadressen van bijna alle Nederlanders met een koopwoning te bekijken. Dat bevestigen het Kadaster en de Autoriteit Persoonsgegevens maandag na berichtgeving van RTL Nieuws.
( 3
min )
De speelgoedwinkels van Intertoys staan in de verkoop. Moederbedrijf Mirage Retail Group heeft dat besloten omdat het denkt dat dat beter is voor Intertoys, bevestigt topman Michiel Witteveen na berichtgeving van Het Financieele Dagblad (FD).
( 4
min )
Britse luchtverkeersleiders moeten maandag het aantal vliegtuigen in het luchtruim beperken vanwege een technisch probleem. Luchtvaartmaatschappijen en luchthavens verwachten veel vertragingen en geannuleerde vluchten. Ook het vliegverkeer vanaf Schiphol wordt geraakt.
( 3
min )
Britse luchtverkeersleiders moeten maandag het aantal vliegtuigen in het luchtruim beperken vanwege een technisch probleem. Luchtvaartmaatschappijen en luchthavens verwachten veel vertragingen en geannuleerde vluchten. Ook het vliegverkeer vanaf Schiphol wordt geraakt.
( 3
min )
Je hebt tot en met donderdag 31 augustus de tijd om zorgtoeslag en huurtoeslag over 2022 aan te vragen. "Vaak denken mensen dat ze geen recht hebben op toeslagen, terwijl dit wel zo is", schrijft de Belastingdienst. Ook is het de laatste week waarin je belastingaangifte kunt doen.
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min )
De Europese Centrale Bank (ECB) zal de rente voorlopig niet verlagen vanwege de hoge inflatie. Dat zei de Franse minister van Financiën Bruno Le Maire maandag op de radio.
( 3
min )
De politie stopt met het gebruik van een algoritme dat voorspelt wie in de toekomst geweld zou kunnen gebruiken. Dat zegt een woordvoerder van de politie na berichtgeving door Follow the Money.
( 3
min )
Bij het internationale ruimtestation ISS zijn vier nieuwe bemanningsleden aangekomen, meldt NASA op X (voorheen Twitter). Ze blijven daar nu ongeveer een half jaar om meer dan tweehonderd experimenten te doen ter voorbereiding op andere ruimtemissies.
( 3
min )
Na bijna twee jaar moet een grote groep ondernemers achterstallige belastingen uit de coronatijd echt gaan betalen. Duizenden ondernemers staken tot nu toe hun kop in het zand, maar moeten voor komende dinsdag 29 augustus in actie komen.
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min )
De overheid had eind 2022 nog een tekort van slechts 1,4 miljard euro in de schatkist. Door economische groei en bijvoorbeeld inkomsten uit online kansspelen klimt de overheid uit een financieel dal.
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min )
Op NU.nl vind je elke dag een stelling die bij het nieuws past. Er is dit jaar een recordaantal warmtepompen verkocht. Vandaag is daarom de stelling: 'Een warmtepomp is onmisbaar vanwege de hoge gasprijzen'. Breng je stem uit en discussieer mee.
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min )
Woningeigenaren kopen dit jaar waarschijnlijk een recordaantal warmtepompen. Er zijn dit jaar al meer dan 110.000 exemplaren geïnstalleerd, net zo veel als in heel 2022. De verwachting is dat aan het einde van het jaar 170.000 pompen zijn geplaatst.
( 3
min )
Discover how globalization can lead to unprecedented economies of scale for firms across the world, leading to higher global efficiency and productivity.
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min )
A hard fork occurs when there is a permanent split in a blockchain. An airdrop occurs when a new cryptocurrency token is deposited directly into users’ wallets.
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min )
Consumer affairs expert Dr. Kathryn J. Morrison takes us inside the auto loan process from application to signing on the dotted line.
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min )
Websites and credit cards can offer you direct and indirect sources of free money to pay off your student loan.
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min )
A cryptocurrency is a digital or virtual currency that uses cryptography and is difficult to counterfeit.
( 30
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A bordereau is a report provided by an insurance company for a reinsurer that lists either assets that are insured or claims that have been made.
( 18
min )
Target-date funds may seem like an obvious choice but they have some drawbacks compared to S&P 500 Index funds.
( 23
min )
Learn more about fiat currency and legal tender. Find out how these terms are used by economists to describe different types of money.
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min )
Expected loss ratio (ELR) method is a technique used to determine the projected amount of claims, relative to earned premiums. The expected loss ratio method is used when an insurer lacks the appropriate past claims occurrence data.
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min )
A zero-lot-line house is a piece of residential real estate in which the structure comes up to, or very near to, the edge of the property line.
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GNF, or the Guinea franc, is the currency of the Republic of Guinea.
( 19
min )
DigiCash was one of the earliest versions of electronic money and a predecessor of cryptocurrencies.
( 19
min )
IOTA (MIOTA) is a distributed ledger designed to record and execute transactions between devices in the Internet of Things (IoT) ecosystem.
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min )
Becoming a landlord can be challenging but also rewarding, depending on various factors.
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min )
Renting a car when you're taking a trip provides numerous advantages but hidden costs can come back to bite you if you don't know what to look for.
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min )
Learn the differences between finance and economics, two closely related disciplines, and how they inform and influence each other.
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Whether you're trying to escape the snowy season or revel in it, here are some choice destinations if you want to buy a winter vacation home.
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min )
This viewer's guide to the hit show "Billions" on Showtime helps fans understand the financial industry jargon that is interwoven through the show's intense plot.
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Currency risk is a form of risk that arises from the change in price of one currency against another. Investors or companies that have assets or business operations across national borders are exposed to currency risk that may create unpredictable profits and losses.
( 21
min )
Major artists such as Demi Lovato and Ariana Grande are reportedly leaving Scooter Braun, millionaire manager to some of the biggest pop stars. Braun has a net worth of $500 million, thanks to several lucrative deals and acquisitions, including his controversial sale of Taylor Swift's music catalog.
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Even when accounting for factors such as parental status, location within the U.S., race and ethnicity and health insurance coverage, the middle class faces the worst medical debt burden.
( 18
min )
The impact of the 2008 financial crisis was felt around the world. Here is a look at how some of the primary players fared in the years after the failure.
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With the debate on wages continuing in Congress and in the public arena, here are some of the major pros and cons of raising the minimum wage.
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Your money is safe in the iShares 20 Plus Year Treasury Bond ETF (TLT), but its performance gets better or worse with the overall direction of interest rates.
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min )
Real gross domestic product (GDP) gives a clearer picture of economic output than nominal GDP as it adjusts the numbers for inflation or deflation.
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A nominal interest rate is the real interest rate plus a projected rate of inflation. A real interest rate is what a lender or investor receives.
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min )
A nationally recognized statistical ratings organization (NRSRO) is a federally recognized organization that provides an assessment of creditworthiness.
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(Bloomberg) -- Fortescue Metals Group Ltd. said the company’s chief executive officer of its iron ore division, Fiona Hick, had resigned after less than six months in the role.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsThree US Marines Killed After Osprey Crash in AustraliaChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketHick, w
( 31
min )
Electric vehicle maker BYD Co Ltd said on Monday its unit struck a deal with U.S.-based manufacturing firm Jabil Inc's Singaporean unit to buy its product manufacturing business in China for 15.8 billion yuan ($2.17 billion). ($1 = 7.2890 Chinese yuan renminbi)
( 30
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Legendary investor Peter Lynch has a straightforward perspective on corporate insiders and their actions in the stock market. He put it simply: insiders may sell shares for a range of reasons, but they only buy shares when they believe the price is going to rise. Keeping a close watch on insiders’ stock purchases can prove to be a profitable investment strategy. Corporate insiders, which include company officers and board members, possess valuable knowledge about company policies and performance
( 35
min )
Hostess Brands, the company behind Twinkies and Zingers, is considering a potential sale amid interest from food industry giants, according to a report by Reuters.
( 32
min )
Negotiations are ongoing to settle the largest mass tort in U.S. history with more than 300,000 claims.
( 27
min )
(Bloomberg) -- China’s economy was meant to drive a third of global economic growth this year, so its dramatic slowdown in recent months is sounding alarm bells across the world. Most Read from BloombergMarkets Brace for Swings After High-Rates Mantra of Jackson HoleThree US Marines Killed After Osprey Crash in AustraliaChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketTrump Doesn’t Look So Invincible in Post-Debate PollsPowell Has Bond Traders Right Where He Wants Them: Full of DoubtPoli
( 34
min )
(Bloomberg) -- The world’s top central bankers stressed the need to keep interest rates high until inflation is contained — and wrestled with deeper economic shifts that will make their jobs harder.Most Read from BloombergThree US Marines Killed After Osprey Crash in AustraliaMarkets Brace for Swings After High-Rates Mantra of Jackson HoleChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketPowell Has Bond Traders Right Where He Wants Them: Full of DoubtTrump Doesn’t Look So Invincible in Po
( 34
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Target-date funds may seem like an obvious choice but they have some drawbacks compared to S&P 500 Index funds.
( 23
min )
Pizza Hut UK’s auditors have fired a warning shot over the company’s future amid concerns over its mounting debt pile.
( 31
min )
Property and casualty insurers are hiking premium rates to cover future losses. That bodes well for future profitability.
( 27
min )
Or as my friend and colleague Alex Wilhelm described it, Better.com had a Miserable.com week. To sum it up, digital mortgage lender Better.com made its public debut on August 24. Shares of SPAC partner, Aurora, were trading at $17.45 on Wednesday, before Better.com officially went public.
( 35
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This year’s strong rally has stuttered over the past few weeks. August has generally seen increased volatility and declines in the main market indexes. But that hasn’t affected a basic truth of the financial markets: stocks are individuals, and they rise and fall for idiosyncratic reasons. Investors should always check under the hood, to find out if a bargain price represents a good buy. That check can be rough, however, as there are reams of data to sort. Fortunately, investors can always turn
( 34
min )
(Bloomberg) -- Traders are girding for a volatile start to the week after US and European policymakers signaled interest rates will likely stay higher for longer during their annual confab at Jackson Hole.Most Read from BloombergThree US Marines Killed After Osprey Crash in AustraliaPowell Has Bond Traders Right Where He Wants Them: Full of DoubtSpaceX Blast Left Officials in Disbelief Over Environmental DamageChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketSaudi Arabia Signals Interest
( 32
min )
(Bloomberg) -- India, the world’s biggest exporter of rice, imposed more curbs on shipments of the grain in a move that’s likely to further squeeze global supplies of the food staple.Most Read from BloombergThree US Marines Killed After Osprey Crash in AustraliaPowell Has Bond Traders Right Where He Wants Them: Full of DoubtSpaceX Blast Left Officials in Disbelief Over Environmental DamageChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketSaudi Arabia Signals Interest in Champions League F
( 32
min )
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Even when accounting for factors such as parental status, location within the U.S., race and ethnicity and health insurance coverage, the middle class faces the worst medical debt burden.
( 20
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(Bloomberg) -- Surprised that the S&P 500 swung into the green Friday? Don’t worry. Just wait. It’ll fall again after the next opening bell.Most Read from BloombergThree US Marines Killed After Osprey Crash in AustraliaPowell Has Bond Traders Right Where He Wants Them: Full of DoubtSpaceX Blast Left Officials in Disbelief Over Environmental DamageChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketFIFA Suspends Spanish Football Chief Over World Cup KissThat’s been the August trend, at least
( 33
min )
It's back-to-payment season. Student loan bills should start arriving in September or October. How do borrowers find their servicer?
( 36
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(Bloomberg) -- China lowered the stamp duty on stock trades for the first time since 2008 and pledged to slow the pace of initial public offerings, among a slew of new measures to woo investors back to its flagging equities market. Most Read from BloombergThree US Marines Dead After Australia Military Helicopter CrashSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtFIFA Suspends Spanish Football Chief Over World Cup
( 31
min )
Deduction limit is generating 80% to 85% of expected revenue, the Tax Policy Center estimates.
( 26
min )
China will cut halve the stamp duty on stock trading from Monday, the finance ministry said on Sunday. The stamp duty on stock trades is now 0.1%.
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min )
Some of the most prominent players in the digital-assets space cut their teeth at the mutual-funds powerhouse Fidelity Investments.
( 21
min )
Sinopec, the world's largest refiner by capacity, reported revenues of 1.59 trillion yuan for the six months, down 1.1% from the year earlier level. During the period, Sinopec processed a total of 126.54 million metric tons of crude oil, up 4.8% versus a year ago, and its refined fuel sales rose 18.5%, to 116.6 million tons, the company said in a stock filing. Domestic fuel demand extended recovery in the second quarter after a 6.7% year-on-year increase in the first three months, led by gasoline and aviation fuel as people travelled more.
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This article summarises the key data from Nvidia’s earnings report and takes a quick look at the chart to consider how the price might continue moving.
( 32
min )
Arista Networks, Inc. (ANET) shares have jumped 49% in 2023. This uptrend is being powered by mega appetite for the stock.
( 31
min )
Monster Beverage Corp. (MNST) shares have jumped 12% in 2023. This uptrend is being powered by mega appetite for the stock.
( 31
min )
Meta Platforms, Inc. (META) shares have jumped 138% in 2023. This uptrend is being powered by mega appetite for the stock.
( 31
min )
(Bloomberg) -- The zero-day options trade that has taken Wall Street by storm will finally arrive in Europe next week, in a fresh test for the region’s long-struggling capital markets.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtFIFA Suspends Spanish Football Chief Over World Cup KissUS Marines Taken From Darwin Military Helicopter Crash: ReportsTesla Investors to Get $12,000 Each From Mu
( 33
min )
There has been a marked rise in a measure of the extra yield investors want to cover the risk of holding long-term rather than short-term debt. This is why.
( 26
min )
Friday was supposed to be Fiona Scott-Morton’s first day in Brussels. Her appointment as chief competition economist at the European Commission was announced last month with little fanfare on page six of its daily news bulletin.
( 33
min )
The American economist who turned down a top Brussels job after a backlash led by Emmanuel Macron has hit out at France’s “insecure” and xenophobic comments about her appointment.
( 32
min )
A crisis of confidence, easy access to credit, and falling home prices are creating a dizzying mix of financial calculations for Chinese households.
( 26
min )
Futures markets show a growing expectation that interest rates could stay higher for longer, exerting pressure on stocks.
( 26
min )
Research has pinpointed the prime years for making smart financial decisions.
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min )
De schatkist van de overheid had eind 2022 een tekort van 'nog maar' 1,4 miljard euro. Door economische groei en het einde van coronasteunmaatregelen klimt de overheid uit een financieel dal.
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Het Chinese vastgoedconcern Evergrande zegt in de eerste helft van het jaar een hogere omzet en een kleiner verlies te hebben geboekt. Het bedrijf kwam bijna twee jaar geleden in de problemen en staat centraal in de voortslepende crisis in de Chinese vastgoedsector.
( 3
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Wie eind augustus door de Nederlandse natuur wandelt, ziet ze vrijwel overal hangen: bramen. Maar het is niet overal dezelfde braam. Van Drenthe tot Zeeland en van Amsterdam tot op de Veluwe zijn alle bramen eetbaar, maar zelden dezelfde soort.
( 6
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Een aantal grote Spaanse bedrijven en sponsoren van het Spaanse vrouwenelftal voegt zich bij de critici van Luis Rubiales. Ze roepen de voorzitter van de Spaanse voetbalbond op te vertrekken, omdat hij international Jenni Hermoso ongevraagd op de mond heeft gekust.
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Oostenrijk wil een groter deel van de winsten van energiebedrijven extra belasten. Eind vorig jaar voerde het land nog een nieuwe heffing in op hoge winsten van olie-en gasbedrijven als gevolg van de Russische invasie in Oekraïne, waardoor de energieprijzen omhoog schoten.
( 3
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De winsten van Chinese industriebedrijven zijn in juli verder gedaald: een nieuw signaal dat de op een na grootste economie ter wereld in het slop is geraakt. Onlangs heeft de Chinese centrale bank de rentes verlaagd om de groei aan te jagen.
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min )
De winsten van Chinese industriebedrijven zijn in juli verder gedaald, een nieuw signaal dat de op één na grootste economie ter wereld in het slop is geraakt. Onlangs greep de centrale bank van het land in om de groei aan te jagen door rentes te verlagen
( 4
min )
De Indiase regering heeft extra beperkingen opgelegd op de export van rijst om de voedselzekerheid in eigen land te garanderen. Zo wordt er per direct een exportbelasting op voorgekookte rijst van 20 procent geheven, maakte het ministerie van Financiën bekend.
( 3
min )
Aan het begin van het studiejaar wordt weer duidelijk dat ook de woningmarkt voor studenten krap is. Dat zorgt ervoor dat verhuurders soms hoge bedragen vragen voor een bescheiden kamer in een studentenstad. Maar dat hoef je niet zomaar te pikken.
( 4
min )
The oil and gas industry is spending significantly more on new supply in 2023, but analysts at WoodMackenzie think that it may still not be enough to meet future demand
( 33
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(Bloomberg) -- Jerome Powell has the bond market exactly where he wants it: lacking conviction as to the Federal Reserve’s next steps.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtTesla Investors to Get $12,000 Each From Musk’s SEC DealFIFA Suspends Spanish Football Chief Over World Cup KissAfter 15 Years, a New Private Jet Is America’s Most PopularIt’s a scenario — evident in part through
( 33
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Pilot Travel Centers has been forced to shut 19 of its outlets due to the liquidation of those sites’ operator, Mountain Express. The post 19 MEX centers, with Pilot branding, temporarily shut by operator bankruptcy appeared first on FreightWaves.
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Underlying inflation in Japan remains "a bit below" the Bank of Japan's 2% target, BOJ Governor Kazuo Ueda said at a Federal Reserve research symposium on Saturday, and as a result the bank will maintain the current approach to monetary policy. "We think that underlying inflation is still a bit below our target," Ueda said.
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Buybacks can often be a key ingredient to stock market returns for investors.
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Not everyone is getting in on the rally.
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(Bloomberg) -- China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports from the Asian country, according to a paper presented at the Federal Reserve’s conference in Jackson Hole, Wyoming.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamageTesla Investors to Get $12,000 Each From Musk’s SEC DealPowell Signals Fed Will Raise Rates If Needed, Keep Them HighAfter 15 Years, a New Private Jet Is America’s Most Po
( 42
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The move gives the agency time to weigh a settlement that would allow the deal to close with conditions.
( 25
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(Bloomberg) -- China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports from the Asian country, according to a paper presented at the Federal Reserve Bank of Kansas City’s annual Jackson Hole conference Saturday.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtFIFA Suspends Spanish Football Chief Over World Cup KissTesla Investors to Get $12,
( 30
min )
Russia’s exit from the Black Sea export agreement and its attacks on Ukrainian ports have led to lower income and higher costs in Ukraine’s agriculture industry.
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Remote workers are feeling disconnected. But that’s not enough to make them want to come back to the office
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Shoppers have shifted their spending habits in a postpandemic world, leaving retailers in the lurch.
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The struggling 10-year U.S. Treasury Note, the world's benchmark bond, has never declined in value for three straight years—but it could this year.
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Questions persist regarding artificial-intelligence demand and geopolitics.
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Charlene Chu, senior analyst at Autonomous Research, talks to Barron's about China’s ailing economy, high debt, troubled real-estate market, and opaque banking system.
( 26
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Personal finance author Jonathan Clements says the best way to buy happiness is to sit on a pile of savings and enjoy the resulting peace of mind.
( 27
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The Federal Reserve chief left the central bank’s options open, in part to prevent investors from asking the next question: When will the Fed cut?
( 27
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Insurance companies are struggling to keep up with economic growth, population shifts, inflation trends and the most unpredictable variable of all: the rising prevelance of natural disasters—big and small.
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His company scooped up wine that the government seized when it took over Silicon Valley Bank and First Republic.
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The era of giant acquisitions at big premiums is over for now. The oil giants are seeking smaller acquisitions at tighter premiums.
( 27
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(Bloomberg) -- China’s regulators face a losing battle convincing global funds to invest in the nation’s stocks unless market boosting efforts are accompanied by stronger stimulus to support growth.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Signals Fed Will Raise Rates If Needed, Keep Them HighTesla Investors to Get $12,000 Each From Musk’s SEC DealNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationAfter 15 Years, a New Priv
( 32
min )
Investors wanted Nvidia to keep AI mania going and the Fed to stick to the script. But all that wasn’t enough to drive correction fears away.
( 27
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Shareholders' equity is a crucial number used to assess a company's real value. Here are its components.
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Open cover is a type of marine insurance policy in which the insurer agrees to provide coverage for all cargo shipped during the policy period.
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Chipotle Mexican Grill faces five main rivals. Read on to find out about more places like Chipotle.
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An investing comparison of e-commerce marketplaces Amazon and eBay using revenue, profitability, valuation metrics, and active user base.
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The Bornhuetter-Ferguson technique is a method for calculating an estimate of an insurance company’s losses.
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A report from Wells Fargo details how spending on AI could boost productivity, economic growth and interest rates, while concerns over job losses could be overstated.
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AA+ is the second-highest bond rating assigned by rating agency S&P while Aa1 is the equivalent from Moody's. Both signify a low-risk investment.
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Health insurance premiums vary wildly across the U.S. according to where you live and work, how old you are, your income, and more.
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A rating is an assessment tool assigned by an analyst or rating agency to a stock or bond indicating its potential for opportunity or safety.
( 22
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A sovereign credit rating is an independent assessment of the creditworthiness of a country or sovereign entity and how risky investing in it might be.
( 21
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Opening a brokerage account can be a confusing experience. Follow these steps to easily get through the process.
( 26
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When two parties engage in a loan transaction, minimum-interest rules can mandate that an interest rate that's not too low be charged, even in family deals.
( 22
min )
Fashion retailer Abercrombie & Fitch posted second-quarter earnings on Wednesday that blew past analysts' expectations, sending shares soaring more than 20%.
( 18
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The struggling 10-year U.S. Treasury Note, the world's benchmark bond, has never declined in value for three straight years—but it could this year.
( 19
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Apple, Google, Facebook moederbedrijf Meta, X (voorheen Twitter) en andere grote techbedrijven vallen vanaf nu onder een nieuwe Europese wet. Deze zogenoemde Digital Services Act (DSA) moet ervoor zorgen dat inwoners van de EU online beter zijn beschermd.
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Apple, Google, Facebook moederbedrijf Meta, X (voorheen Twitter) en andere grote techbedrijven vallen vanaf nu onder een nieuwe Europese wet. Deze zogenoemde Digital Services Act (DSA) moet ervoor zorgen dat inwoners van de EU online beter zijn beschermd.
( 4
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De Indiase regering heeft extra beperkingen op de export van rijst opgelegd om de voedselzekerheid in eigen land te garanderen. Zo wordt per direct een exportbelasting op voorgekookte rijst van 20 procent geheven, maakte het ministerie van Financiën bekend.
( 3
min )
De Belgische staat geeft een zogeheten staatsbon uit met een hoog rendement. Iedereen kan zo'n bon kopen, waardoor de Belgische banken onder druk staan om hun spaarrentes te verhogen. En het werkt. Toch wil Nederland er niet aan.
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min )
Als het demissionaire kabinet de brandstofprijzen voor auto's in januari opnieuw laat stijgen zou dat voor zowel Nederlandse pomphouders in de grensstreek, als ook voor winkeliers en supermarkten "rampzalig" zijn. Daarvoor waarschuwt Ewout Klok, voorzitter van Belangenvereniging Tankstations (BETA).
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min )
De wereldwijde vraag naar olie en gas houdt nog vele decennia aan, voorziet Bernard Looney, topman van het Britse energieconcern BP. Daarom moet er volgens hem blijvend worden geïnvesteerd in zowel de huidige energiesystemen als de energietransitie.
( 3
min )
Frankrijk zit met overtollige wijn in de maag. Het overschot is het afgelopen jaar flink gegroeid, waardoor meer wijn moet worden vernietigd. Het Franse ministerie van Landbouw maakt daarom tientallen miljoenen meer vrij voor de vernietiging hiervan.
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Door klimaatverandering wordt hitte in steden en dorpen een steeds groter probleem. Is daar wat aan te doen? Jazeker: tegels eruit, groen erin. Maar het zijn vooral hoge bomen die verschil maken - en die groeien niet in een dag.
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Zo'n 124.000 ouders hebben in het eerste jaar gebruikgemaakt van de nieuwe ouderschapsverlofregeling, meldt Het Parool op basis van UWV-cijfers. Het betaald ouderschapsverlof werd onder meer ingesteld om de gelijkheid tussen man en vrouw te bevorderen.
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The rate on the 30-year fixed mortgage rose to 7.48% in the last week, deepening affordability issues faced by prospective home buyers.
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The average 30-year fixed mortgage rate is now above 7%, which has tacked on an extra $1,000 in monthly mortgage payments for the median US home.
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Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.
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The company has been a consistent and successful innovator in small appliances, an industry that has been marked by slow growth and few exciting new products.
( 26
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In a show of confidence for video-conferencing giant Zoom Video Communications Inc., prominent investor Cathie Wood expanded her stake in the company. The move came as a response to Zoom’s stock decline following the release of its latest earnings. Don’t Miss: Online brokerages make ungodly amounts by selling your data. What trading platform doesn't sell your data to market makers? This one. Discover Johnny Depp's hidden talent that earned him $3.6 million in just a few hours and learn how you c
( 32
min )
(Bloomberg) -- Databricks Inc., the closely held software maker widely viewed as a candidate to go public, is in discussions with T. Rowe Price about a new funding round that would value the company at $43 billion, two people familiar with the matter said.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtUS Marines Taken From Darwin Military Helicopter Crash: ReportsFIFA Suspends Spanish Footb
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Today's best CD rates are 5.85% on a jumbo from One America Bank, and 5.75% for smaller deposits from Abound Credit Union, MapleMark Bank, and BluPeak Credit Union.
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(Bloomberg) -- Stocks weathered the Jackson Hole confab to rebound this week. But for bulls looking to be made whole after last year’s shellacking, the road back is longer than they realize.Most Read from BloombergPowell Signals Fed Will Raise Rates If Needed, Keep Them HighNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationSpaceX Blast Left Officials in Disbelief Over Environmental DamageTesla Investors to Get $12,000 Each From Musk’s SEC DealTrump Returns to Musk’s X With Pos
( 33
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Michael Burry has always been one to challenge mainstream thinking. The renowned hedge fund manager successfully wagered against the U.S. housing bubble in 2008, a gutsy call that became the focal point of the film “The Big Short.” Now, he’s betting against the U.S. stock market. In its latest 13F filing with the Securities and Exchange Commission, Burry’s firm Scion Asset Management disclosed a substantial amount of put options against exchange-traded funds (ETFs) that track major U.S. stock ma
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Roth-style catch-up contributions now won’t be mandated until 2026, not 2024.
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United States Steel now has one apparent bidder, and Cleveland-Cliffs is backed by the workers’ union.
( 26
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The Fed chair’s “long way to go” concept is wrongheaded, because at the current clip, inflation is already running near the Fed’s target, say two top economists.
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A supplier on Friday laid off at least 35 employees who make fighter jet parts for The Boeing Co.
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Baron Rothschild, an 18th-century English nobleman, has been credited with the famous saying, “The time to buy is when there’s blood in the streets.” Rothschild used that idea to build his fortune, and many other famous investors have done the same over the last three centuries. But it’s never easy to follow Rothschild’s advice. Most investors become fearful when stocks experience major declines, as the common psychological tendency is to believe that the future will be a continuation of the rec
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On Wednesday, Snowflake Inc (NYSE: SNOW) topped analysts' expectations with its latest quarterly revenue and earnings. The cloud data analytics company saw its shares rise 3% upon the report whose results boosted by rising data management and storage needs of businesses amid the generative AI hype. During the reported quarter, Snowlake revealed it has partnered with Nvidia (NASDAQ: NVDA) who smashed estimates with its monster quarter this week. Together, they will be empowering enterprises to bu
( 32
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Hostess Brands Inc, the maker of Twinkies snack cakes, is exploring a sale after fielding takeover interest from major snack food makers, people familiar with the matter said on Friday. Prior to the news of the company exploring a sale, its shares were down 1% year-to-date, versus a 29% rise in the Nasdaq Composite Index. General Mills Inc, Mondelez International Inc, PepsiCo Inc and Hershey Co are among the companies that have shown an interest in acquiring Hostess, the sources said.
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Well, that wasn't as exciting as some had hoped.
Options traders were betting on a move of around 11% following the company's earnings (after the release, through Friday). Nvidia shares barely budged yesterday and
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min )
Shares of Rite Aid plunged by about 50% after The Wall Street Journal reported the drugstore chain is preparing to file for chapter 11 bankruptcy in the coming weeks.
The bankruptcy is to address the federal and state lawsuits the drugstore chain is facing over its alleged role in the sale of opioi
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min )
The district, proposed by the New Albany Co., would be broken into five subareas containing a variety of different uses the developer believes will generate substantial economic benefits for Johnstown and the broader region.
( 12
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(Bloomberg) -- AMC Entertainment Holdings Inc. extended its week-long selloff after the movie theater operator converted a raft of preferred shares into common stock, and strategists say the company will likely sell more shares to pay down debt.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Signals Fed Will Raise Rates If Needed, Keep Them HighTesla Investors to Get $12,000 Each From Musk’s SEC DealNYC’s Most Exciting New Fine Dining Restaurant I
( 32
min )
Better.com shares plunged at the opening bell and fell so quickly that trading was halted four times in its first 30 minutes of trade.
( 31
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Rite Aid is preparing to file for bankruptcy in coming weeks to address mass lawsuits over the drugstore chain’s alleged role in the sale of opioids, according to people familiar with the company’s plans.
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min )
The Securities and Exchange Commission announced it charged 3M with violations of the Foreign Corrupt Practices Act relating to the company's China subsidiary.
( 27
min )
Strategists at BofA Global Research see second-half "trouble" for technology stocks even as the sector took in its largest inflow in 10 weeks, the firm said in a note on Friday. The tech-heavy Nasdaq Composite has gained 28% this year, fueled by megacap stocks and excitement over the business potential of artificial intelligence. BofA pointed to the correlation between a surge in central bank liquidity and the Nasdaq over the past 15 years.
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Private equity firm Veritas Capital is considering a takeover offer for Canadian software company BlackBerry, according to a person familiar with the matter. U.S-listed shares of BlackBerry rose about 17%. Details of the offer could not be learned.
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min )
Countless news headlines have been calling for a housing crash for the better part of a year, yet prices are still climbing in many parts of the U.S. According to data from Redfin, the median sale price has increased by over 9.38% since January and has fallen only 3.4% from the peak in May 2022. Despite rising mortgage rates, buyers are finding little relief in home prices because of the massive shortage of supply. According to an analysis from Realtor.com, the gap between single-family home con
( 31
min )
Seaport analyst Richard Safran made the biblical reference in a Friday research report following news of another problem with the 737.
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min )
Publicly listed U.S. homebuilders are raising prices on new construction, taking advantage of an acute shortage of previously owned homes in the market as owners defer upgrading due to high mortgage rates. Homebuilders are enjoying this turn of events after a gnarly second-half last year, when fears of rising interest rates slowing demand had forced them to cut prices and offer incentives to boost sales. The shortages have powered homebuilders' earnings, sending their stocks soaring, with the S&P Composite 1500 Homebuilding Sub Index up 41.90% so far this year.
( 31
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(Bloomberg) -- Blackstone Inc. is selling a piece of the Las Vegas hotel Bellagio, a move that will generate cash for investors in a $67 billion property fund for wealthy individuals.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTrump Returns to Musk’s X With Post of Georgia Mug ShotTesla Investors to Get $12,000 Each From Musk’s SEC DealMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe Charge
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min )
Small investors earned a nice payday of more than $1,000 if they tendered 99 shares of stock in the swap, which expired last week.
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It’s a $324 million loss for the company.
( 32
min )
General Motors, Ford Motor and Stellantis - made little progress in their talks for a new labor deal. Fain, who presides over the union that represents about 150,000 workers at the automakers, said 97% of voting members approved the strike authorization, which is seen as a leverage to enhance pay talks.
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All the statistics about the electric-vehicle maker and trading in the stock are amazing. Tesla is the only car company with a higher market capitalization.
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Nordstrom shares fell after the retailer reported a drop in sales amid a slowdown in discretionary spending, and said losses from theft reached a record high.
( 18
min )
Ken Parks becomes CFO at GE Vernova, the company's power-generation business. Vic Abate will lead its wind arm.
( 27
min )
Tesla isn't breaking apart, but things are happening which investors need to consider to avoid missing out on a valuation trend.
( 27
min )
Affirm stock was rising on Friday as shareholders welcomed its revenue growth. Analysts are split on how it can deal with economic headwinds.
( 27
min )
The Aussie dollar initially tried to rally during the trading week, but at this point in time it looks like we are struggling.
( 32
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(Bloomberg) -- Here are key takeaways from Federal Reserve Chair Jerome Powell’s remarks prepared for the Kansas City Fed’s economic symposium on Friday:Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTrump Returns to Musk’s X With Post of Georgia Mug ShotTesla Investors to Get $12,000 Each From Musk’s SEC DealMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesPowell acknowledged the econo
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min )
While the summer months are proving to be less lucrative for stock market participants, the overall trend this year has been upward. However, JPMorgan’s global strategist, Dubravko Lakos, has recently sounded the alarm, pointing out several headwinds that are piling up, which he sees as placing a solid cap on market gains. First, Lakos points out that stock prices are high relative to earnings. Second, he adds that sentiment is too bullish, having reversed too sharply from last year’s bearish mo
( 35
min )
The pressure keeps building on Hawaiian Electric Industries (HE).
The utility’s stock tumbled nearly 18% in early trading Friday, as investors contended with a barrage of new developments late Thursday:
Maui County [sued the firm](https://www.wsj.com/
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min )
(Bloomberg) -- Hawaiian Electric Industries Inc. slumped to the lowest since 1984 after the company said it will draw down on credit lines and suspend its dividend to preserve cash in the wake of deadly wildfires on Maui. Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTrump Returns to Musk’s X With Post of Georgia Mug ShotMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops
( 31
min )
Analysts at TD Cowen cut their recommendation on the stock to Market Perform from Outperform.
( 26
min )
(Bloomberg) -- The drop in US stocks on Thursday despite a bumper report from Nvidia Corp. shows the rally this year is “exhausted” and portends more declines to come, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayTrump Returns to Musk’s X With Post of Georgia Mug ShotTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yi
( 31
min )
States vary widely in the way they tax retirement income so location is an important consideration in financially planning for retirement. Some states don't levy income states on any sort of retirement income, while others tax IRA and 401(k) distributions, … Continue reading → The post 11 States That Do Not Tax Retirement Income appeared first on SmartAsset Blog.
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If you're looking for ways to generate more retirement income, now may be the perfect time to consider an annuity. Payout rates for guaranteed lifetime annuities are currently at their highest levels in over a decade, according to Schwab. While … Continue reading → The post Why Schwab Says Now Is the Right Time to Consider an Annuity appeared first on SmartAsset Blog.
( 32
min )
Realty Income, which owns more than 13,000 properties in the U.S. and Europe, is paying $300 million for the 22% stake in the casino and resort, the report said. Realty Income is also investing in a $650 million preferred equity stake in the property, according to the WSJ report. A spokesperson for BREIT, Blackstone's real estate investing arm, and MGM did not immediately respond to a Reuters request for comment.
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min )
“We’re building long-term value for shareholders,” finance chief Kevin Ryan said after Thursday's bloodbath. “This is just the beginning.”
( 32
min )
The merger between the airlines is being contested by the Justice Department, which is suing to block the $3.8 billion deal.
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min )
Everyone loves seeing growth in their portfolio. However, a good year of investing doesn't necessarily indicate a sound long-term investment strategy. Generating sufficient retirement income means planning ahead of time but being able to adapt to evolving circumstances. As a … Continue reading → The post What Is a Realistic Rate of Return for Retirement? appeared first on SmartAsset Blog.
( 36
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The embattled utility provider ensnared in the fallout of the Maui wildfire tragedy has cut its dividend as it faces a major new lawsuit.
( 27
min )
British drugmaker AstraZeneca said on Friday it has filed a legal challenge to critical aspects of a program that gives the Medicare health insurance plan the power to negotiate lower drug prices. The drug price negotiation program is part of President Joe Biden's signature Inflation Reduction Act (IRA). The program faces several other court challenges, including from leading industry groups and other drug companies.
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(Bloomberg) -- As brutal as it’s been for US bond investors, the math is finally turning in their favor. Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTrump Returns to Musk’s X With Post of Georgia Mug ShotMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapThe recent round of selling has left the Bloomberg USAgg Index’s yield-
( 31
min )
(Bloomberg) -- The UK’s biggest seller of Rolex watches lost nearly a third of its value on Friday after the Swiss brand bought Bucherer AG, taking its first major step into retailing.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapModi and Xi Speak at BRICS Summit, Ask Official
( 32
min )
The Medicare surcharge known as Irmaa can be a tough pill to swallow. But here’s a little-known workaround: Older Americans who have been hit by the added cost have a chance to appeal.
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min )
Affirm's fiscal fourth-quarter revenue of $446 million beats analysts' estimates, Marvell Technology falls after the chip maker issues an in-line outlook for the third quarter, and Hawaiian Electric tumbles after suspending its dividend.
( 27
min )
There is little precedent for a chip maker as large as Nvidia to double its revenue—to $13.5 billion—in one year.
( 27
min )
(Bloomberg) -- China unveiled further mortgage easing policies to bolster its residential property market in an attempt to support economic growth.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapTrump Surrenders in Georgia on 2020 Election Probe ChargesModi and Xi Speak at BRICS Summit, Ask Officials to Resolve Border Dispute QuicklyTh
( 30
min )
(Bloomberg) -- China’s securities regulator plans to convene a meeting with some of the world’s biggest asset managers, its latest attempt to shore up confidence after a record stretch of outflows by foreign funds.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapTrump Surrenders in Georgia on 2020 Election Probe ChargesModi and Xi Speak
( 31
min )
(Bloomberg) -- European stocks and US futures struggled for direction as a cautious tone dominated markets before a speech from Federal Reserve Chairman Jerome Powell that will be studied for clues on the interest-rate outlook.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapTrump Surrenders in Georgia on 2020 Election Probe ChargesModi
( 34
min )
Calstrs, the second-largest U.S. pension, bought Rivian, Nikola, and Lucid Group shares, and sold Workhorse stock in the second quarter.
( 26
min )
Asian stocks sold off and the dollar scaled an 11-week peak against major peers on Friday as investors braced for the risk of a hawkish tilt from Federal Reserve Chair Jerome Powell at Jackson Hole. The tech-centric Nasdaq slumped 1.87% on Thursday to lead losses of more than 1% across Wall Street's three major indexes, and futures indicated some further weakness at the reopen.
( 33
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The unemployment rate is a low 3.5%. The U.S. economy has avoided a threatened banking crisis and financial markets have not only aligned with the Federal Reserve's tight-credit policies but of late even helped the process by bidding up market interest rates. When Federal Reserve Chair Jerome Powell delivers a keynote speech at a central bank research symposium hosted by the Kansas City Fed here on Friday, that copacetic backdrop may inspire a message shaped mostly to avoid trouble.
( 32
min )
Nvidia's move to buy back $25 billion of its shares after its stock has more than tripled this year caught some investors off-guard, even as they cheered a stellar second-quarter report. Shares of Nvidia touched a record high on Thursday, a day after the company blew past expectations with its quarterly revenue forecast as an artificial-intelligence boom fueled demand for its chips. Nvidia shares, which had run up in the days leading up to its report, climbed more than 6% on Thursday but pared gains to end the day little changed.
( 33
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Every one APE unit a trader has will convert to 1/10 of one share of AMC on Friday.
( 26
min )
VinFast, the Vietnamese electric-vehicle maker, and Arm, a British chip designer, are caught in a weird limbo thanks to their decisions on where to list their shares.
( 26
min )
Bitcoin dropped to around the US$26,000 level Friday morning in Asia, giving up much of the previous day’s gains. Ether also moved lower.
( 32
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(Bloomberg) -- The Federal Reserve Bank of Kansas City’s annual gathering in Jackson Hole, Wyoming gets underway with a dinner on Thursday evening. Here’s what to expect from the two-day conference featuring central bankers from around the world:Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapMore People Call in Sick on August 24 Than Any Other DayWagner Chief Prigozhin Listed Aboard Crashe
( 31
min )
An industry group is a classification method for companies based on common lines of business.
( 19
min )
Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.
( 30
min )
Today's best CD rates are 5.85% on a jumbo from One America Bank, and 5.75% for smaller deposits from Abound Credit Union, MapleMark Bank, and BluPeak Credit Union.
( 19
min )
Basecoin, also known as Basis, was a cryptocurrency whose protocol was designed to keep its price stable.
( 20
min )
The S&P 500 closed 0.7% higher on Friday, Aug. 25, 2023, as stocks rebounded after comments from Fed Chair Powell that left the door open for more interest rate hikes.
( 16
min )
The Group of Five (G5) historically referred to a group of emerging economies that includes Brazil, China, India, Mexico, and South Africa.
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min )
Christine Lagarde is a French lawyer and the president of the European Central Bank.
( 23
min )
German based Mercedes-Benz Group AG is a luxury vehicle company with global production and sales facilities worldwide.
( 20
min )
For every dollar that U.S. companies make in profits, greenhouse gas emissions cause 18.5 cents worth of damage, according to an analysis.
( 18
min )
A high discount rate causes loans to be more expensive and encourages people to save more money. This could be considered contractionary monetary policy.
( 17
min )
Shares of buy now, pay later provider Affirm surged after it gave a higher-than-expected forecast as revenue rose and delinquencies declined.
( 17
min )
Workers at the automotive Big Three have voted to authorize a strike when contracts expire on Sept. 14, bringing the nation one step closer to a major labor stoppage costing billions as workers fight for increased pay, retirement pensions, and better benefits.
( 17
min )
An index of economic freedom ranks jurisdictions based on the degree of economic freedom their residents enjoy.
( 22
min )
A credit facility is a type of loan made in a business or corporate finance context, such as revolving credit, term loans, and committed facilities.
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Year-over-year pending sales dropping 15.7%, the smallest annual decline since last summer
( 18
min )
Credit card issuers and other lenders often offer these plans to pay your bill if you lost your job, become disabled, or die. Here is how they work—and some alternatives.
( 22
min )
U.S. bank Wells Fargo has agreed to pay $35 million to the SEC to settle a long-running allegation of overcharging advisory fees.
( 17
min )
A business guarantee is a credit card agreement making any charges the sole responsibility of the business rather than individual business owners or employees.
( 23
min )
A floor limit—also known as a "credit floor"—is the maximum charge that a person can make on a credit card without the merchant obtaining authorization from the card issuer.
( 23
min )
Corporate credit cards are credit cards issued to employees of established companies for use in charging authorized business expenses.
( 23
min )
The Jackson Hole Economic Symposium, sponsored annually by the Federal Reserve Bank of Kansas City, has been held in Jackson Hole, Wyo., since 1981.
( 21
min )
U.S. equity markets wavered between gains and losses midday on Friday, Aug. 25, 2023, after Fed Chair Jerome Powell signaled that inflation remains too high and that the Fed could raise interest rates further to slow price growth.
( 17
min )
Thursday's proposed deal comes just one day after a chemical solvent leak at Lordstown, Ohio-based Ultium Cells. If ratified by the UAW, the deal would raise wages an average of 25%, though not to the same level as UAW workers who assemble engines and cars.
( 17
min )
Discover some of the mutual funds investors use to profit from gains in the automotive industry portion of the transportation sector.
( 20
min )
A signature loan is a personal loan offered by banks and other finance companies that relies only on the borrower’s signature and promise to pay as collateral.
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min )
If you were looking to Federal Reserve Chair Jerome Powell for clues about whether the Fed will raise rates again at future meetings, his most recent speech probably left you in the dark.
( 18
min )
A cash advance is a service provided by credit card issuers that allows cardholders to immediately withdraw a sum of cash, often at a high interest rate.
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Payday loans are designed to be quick and easy and generally have limited qualification requirements.
( 25
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Before you sign up for a high interest car title loan, investigate these eight alternative cash-raising strategies.
( 26
min )
Nordstrom shares dropped after the retailer reported a drop in sales amid a slowdown in discretionary spending, and said losses from theft reached a record high.
( 17
min )
Collateralization is the use of a valuable asset to secure a loan against default. The collateral can be seized by the lender to offset any loss.
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If you are seeking a personal loan, be aware of these eight potential pitfalls before you proceed.
( 21
min )
Generally, personal loans cannot be transferred to another person, but mortgages and car loans can be exceptions to the rule.
( 22
min )
Both title loans and payday loans carry risks that outweigh the benefits, but a title loan uses your car as collateral, while a payday loan does not.
( 24
min )
Alibaba ADRs ticked higher after the Chinese tech giant launched open-source AI models with visual localization capabilities that it says can answer more complex queries.
( 17
min )
A look at some of Apple's top suppliers gives an understanding of how this growing company functions. By looking at the Apple supply-chain model, along with the benefits and challenges for each component, you can gain an understanding of large-scale, multinational production streams.
( 24
min )
Meta Platforms is taking another step forward in its development of artificial information tools with its release of a free chatbot designed to assist with writing computer code.
( 17
min )
Investors will be watching for signals of more interest rate hikes in comments from Federal Reserve Chair Jerome Powell and shares of chipmaker Marvell Technology fell amid concerns about its data center storage business. Here’s what investors need to know today.
( 18
min )
An emerging market fund invests the majority of its assets in securities from countries with economies that are considered to be emerging.
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min )
Middle-income countries (MICs) is a part of the income categories that the World Bank uses to classify countries' economies for operational and analytical purposes.
( 20
min )
The Thrift Institutions Advisory Council advised the Federal Reserve Board of Governors on the various needs and conditions of nonbank savings institutions.
( 20
min )
Three credit rating agencies have a long history in the U.S. Learn about what they do and how they developed.
( 24
min )
De Duitse autoriteiten zijn bang dat de installatie van een nieuwe grote drijvende terminal voor vloeibaar aardgas (lng) vertraging gaat oplopen. Door verzet van lokale overheden kan de terminal mogelijk niet deze winter in gebruik worden genomen.
( 3
min )
Een prominent lid van de Europese Centrale Bank hintte vrijdag op een nieuwe renteverhoging. NU.nl-lezers vroegen zich af: waarom gaat de rente omhoog terwijl we kampen met hoge inflatie?
( 2
min )
Big Bazar vertrekt uit Goes met betaalachterstanden aan de verhuurder van de locatie. De advocaat van het noodlijdende koopjesbedrijf zegt dat het een slechte locatie was en dat er al langer plannen waren om die winkel te sluiten.
( 4
min )
Schiphol wil structureel meer geld uitgeven aan de kwaliteit van dienstverlening op de luchthaven. Dat geld gaat onder meer naar personeel, maar ook naar onderhoud en vernieuwing. Al deze kosten kunnen gevolgen hebben voor de prijzen van vliegtickets.
( 4
min )
Big Bazar krijgt van de rechter in Leeuwarden tijd om afspraken te maken met schuldeisers en om te reorganiseren. Daarvoor is een afkoelingsperiode afgekondigd. Verhuurders en leveranciers die het faillissement van de keten hebben aangevraagd, moeten daardoor geduld hebben.
( 4
min )
Internetplatform OnlyFans telde eind vorig jaar ruim 3,2 miljoen contentmakers. Dat is bijna een verdubbeling ten opzichte van 2021. Ook het aantal zogenoemde fans groeide hard. Bijna een kwart miljard mensen bekijkt de content van bijvoorbeeld sekswerkers, beroemdheden en artiesten.
( 3
min )
Wie een elektrische bakfiets van het merk Urban Arrow wil verzekeren, kan voor een verzekering niet altijd meer bij de ANWB terecht. De fietsen zijn volgens een woordvoerder van de verzekeraar "erg gewild" bij dieven, vooral in de Randstad. Alleen bakfietsen die te volgen zijn met een tracker worden nog verzekerd.
( 4
min )
Threads heeft vrijdag een webversie uitgebracht. Daarmee kan het nieuwe socialemediaplatform van Facebook-moederbedrijf Meta via een internetbrowser gebruikt worden. De berichtendienst is een nieuwe concurrent voor X (Twitter).
( 3
min )
Bierbrouwer Heineken heeft de verkoop van al zijn activiteiten in Rusland afgerond. Het Russische Arnest Group neemt alle aandelen over voor het bedrag van 1 euro. Onder de deal vallen onder meer zeven brouwerijen en 1800 medewerkers. Heineken verwacht dat het verlies als gevolg van de overname 300 miljoen euro zal bedragen.
( 5
min )
Schiphol heeft in de eerste helft van dit jaar beduidend meer reizigers verwerkt dan in dezelfde periode vorig jaar. Daarbij bleef een chaos, zoals in 2022, achterwege. De luchthavenbeheerder spreekt daarom van een keerpunt.
( 4
min )
De Europese Centrale Bank verhoogt haar rente na de zomer mogelijk nog verder, in de strijd tegen de aanhoudende inflatie in Europa.
( 3
min )
Het raket- en satellietbedrijf SpaceX, dat eigendom is van miljardair Elon Musk, is aangeklaagd door het Amerikaanse ministerie van Justitie. SpaceX wordt verdacht van discriminatie van asielzoekers en vluchtelingen bij sollicitaties. Zo zouden zij onder meer stelselmatig zijn ontmoedigd om te solliciteren.
( 3
min )
American Savings Bank, which Hawaiian Electric Industries bought in 1988, might be the holding company’s most valuable asset.
( 27
min )
He bills himself as an iconoclast ready to shake up the Republican Party after making millions trying to do the same in the biotech industry.
( 33
min )
(Bloomberg) -- A group of Tesla Inc. investors stands to recover an average of about $12,000 a head for losses they incurred from Elon Musk’s famous 2018 tweet that he had “funding secured” to take the car maker private at $420 a share — and then didn’t.Most Read from BloombergNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on Au
( 32
min )
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The three best jumbo CD rates in the country right now are 5.85% from One American Bank, 5.76% from Connexus Credit Union, and 5.75% from Sun East Federal Credit Union.
( 19
min )
Michery added that he suspects “unlawful trading practices” in the electric vehicle manufacturer’s stock are one reason to blame.
( 14
min )
Investors have been bearish about the buy now,pay later company because its business model hasn't been tested in an environment like the current one.
( 26
min )
The idea of creating a BRICS common currency to rival the dollar has long been on the agenda of the emerging-market nations in the bloc.
( 33
min )
Management said it expects sequential growth in revenue to speed up in the third quarter, but the stock fell in after-hours trading.
( 26
min )
American consumers noticing an increasingly German flavor, sometimes literally, in their grocery shopping, are not imagining things. Discount grocer Aldi's recent announcement that it will acquire 400 Winn-Dixie and Harveys Supermarkets in the Southeast will instantly increase its growing market share, adding to German investors' influence on U.S. grocery shopping choices. The move will expand Aldi's presence in Florida, Alabama, Georgia, Louisiana and Mississippi, with the grocer expected to en
( 31
min )
(Bloomberg) -- As the US Treasury borrows heavily in the bills market, the Federal Reserve may find it has to pause its efforts to shrink its balance sheet to ensure the banking system remains stable, according to the St. Louis Fed. Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapMore People Call in Sick on August 24 Than Any Other DayHuawei Building Secret Network for Chips, Trade Group WarnsBRICS
( 31
min )
ETH fell to as low as $1,547 last Thursday, its lowest price since June.
( 31
min )
A Wall Street Journal analysis of Federal Reserve data reveals a concerning financial situation for people ages 30 to 39, which constitute the majority of the millennial generation. The demographic accumulated nearly $4 trillion in debt during the fourth quarter of 2022, reflecting a substantial $140 billion rise from the preceding quarter. The surge represents a 27% increase since late 2019, constituting the most significant upswing in debt accumulation since the 2008 financial crisis. Contrary
( 32
min )
"Nvidia's valuation is ridiculous," says analyst David Trainer. "People should not be chasing this stock before it drops by around 80% to below $100."
( 33
min )
A mortgage company started trading publicly today. Investors weren't enthused.
Shares of Better Home & Finance fell more than 90% in Thursday trading. The company had agreed to go public in 2021 via a merger with a special-purpose acquisition company, but the closing date of the transaction hit a l
( 23
min )
The glory days of real estate investors buying and flipping homes for quick profits seem to have hit a roadblock. It appears that investors are now losing on approximately one out of every seven homes they sell. In certain U.S. cities, sky-high house prices and elevated mortgage rates have diminished homebuyer demand, forcing investors to sell homes at a loss. A recent report by Redfin reveals that in March, investors lost money on roughly 13.5% of the homes they sold, while only 4.8% of overall
( 33
min )
With a net worth of $153 billion, Amazon.com Inc. Founder Jeff Bezos can probably afford to buy any house he wants. But right now, he's renting. Bezos and his fiancée Lauren Sanchez are reportedly renting a home in Malibu, California, from legendary jazz saxophonist Kenny G for $600,000 per month. The 5,500-square-foot house comes with a huge backyard, pool, screening room and recording studio. It also has a 3,500-square-foot guesthouse. The estate gives the couple access to Little Dume Beach, o
( 33
min )
Retail sales suffered the fastest plunge this month since March 2021, when the nation was still in lockdown, according to the Confederation of British Industry.
( 47
min )
Generation Z has taken over the retirement savings game, leaving their predecessors in the dust. They have come to dominate the arena of financial planning and investing for the future. According to a report by Vanguard, workers ages 18 to 24 were 32% more likely to invest in their workplace retirement plan than their older colleagues were at the same age. This is impressive considering younger generations typically have lower participation rates because of a lack of knowledge and lower income.
( 31
min )
The three mid-ranking Silicon Valley engineers behind Nvidia had just $40,000 (£31,500) between them when they started the company three decades ago, fuelled by a belief that 3D graphics would change the rapidly growing video game industry.
( 33
min )
Spirit AeroSystems discovers issues with fuselage supplied to Boeing
( 9
min )
Nvidia produced incredible quarterly numbers. Ironically, that is probably responsible for the drop in the Nasdaq Composite on Thursday.
( 26
min )
More than four months after Bud Light's marketing blunder, the beer brand remains in the spotlight. Now Billy Busch, heir to the Anheuser-Busch dynasty, presents an intriguing proposition to Bud Light's parent company, Anheuser-Busch InBev SA (NYSE:BUD). "I urge that company, InBev, if they don't want that brand any longer, sell it back to the Busch family. Sell it to me. I'll be the first in line to buy that brand back from you. And we'll make that brand great again," he said during Tomi Lahren
( 33
min )
When love is in the air, the conversation about finances might not be a romantic one, but recent surveys suggest that it is a necessary and crucial dialogue for couples. A surprising 64% of people in relationships face money differences, underlining the need to address financial topics early on before they become major problems. This becomes even more important as relationships get more serious, like moving in together or getting married. Financial Deal-Breakers: Personal Loans And More Personal
( 32
min )
(Bloomberg) -- Nasdaq 100 futures bounced, setting up the technology-heavy index to trim monthly declines, after a blowout forecast from Nvidia Corp. revived the buzz around artificial intelligence.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysWagner Chief Yevgeny Prigozhin, Mercenary Who Defied Putin, Is Presumed DeadNvidia Nears Record Hig
( 32
min )
There’s been a lot of doomsaying about the economy in recent months, with predictions of a coming recession. The markets have also been a bit shaky in August, with the S&P 500 falling about 3%. But in a note from JPMorgan, global investment strategist Madison Faller keeps a generally favorable outlook and assuages investors that market swings are par for the course. “In any given year, there are good things and bad things that impact the economy and markets,” Faller said. “And while we tend to s
( 35
min )
Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday he doubts the U.S. central bank will need to raise interest rates again, in an interview with CNBC. "Right now I think that we've probably done enough" and with monetary policy in a restrictive stance, it's probably a good idea to hold steady for the rest of this year and see how that affects the economy, Harker said. Harker spoke to the television channel on the sidelines of the Kansas City Fed’s annual research conference in Jackson Hole, Wyoming.
( 30
min )
Wireless services company plans to cut about 7% of its workforce as it fends off competition from cable companies.
( 25
min )
(Bloomberg) -- VinFast Auto Ltd.’s head-scratching surge has given the money-losing electric car startup a bigger market capitalization than Citigroup Inc., with famed short seller Jim Chanos calling the stock’s valuation “insane.”Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsNvidia Nears Record High as AI Demand Fuels Blowout ForecastWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysBRICS
( 33
min )
Mortgage demand isn’t what it used to be: Both home purchase and refinance application volume have dropped below their booming levels in 2020 and 2021.
( 27
min )
The discount retailer reported a decline in its gross margin year over year, partly due to inventory loss.
( 27
min )
The euro has been relatively quiet during early trading on Thursday, as we wait for speeches coming out of Jackson Hole on Friday.
( 32
min )
AMC completed a reverse stock split Thursday, ahead of a planned conversion of preferred equity units into common shares.
The reverse split gave shareholders in the movie-theater chain one share for every 10 they previously held, and has the effect of increasing AMC's share price.
The conversion o
( 22
min )
The looming APE equity unit conversion causes major volatility in AMC stock. The good news is the shares were upgraded by Wedbush.
( 26
min )
When you retire or reach a certain age, there might be certain things you no longer have to do. You might get to skip the commute or qualify for some great discounts. But no matter your age, you don't get … Continue reading → The post Do Seniors Ever Stop Filing Taxes? appeared first on SmartAsset Blog.
( 33
min )
Splunk stock’s performance this year has been only a fraction of the surge in Nvidia's shares, but impressive second-quarter earnings and guidance look set kick off a surge.
( 26
min )
Shares in Spirit AeroSystems take a bigger hit despite the Boeing supplier saying the 737 issue will not make a material impact to its delivery range.
( 26
min )
Sandwich chain Subway has agreed to sell itself to private equity firm Roark Capital, the company said on Thursday, amid its struggles with intensifying competition and rising costs.
( 29
min )
AI chipmaker Nvidia posted revenues of $13.51 billion in the second quarter. That's 88% higher than the previous quarter and up 101% from a year ago.
( 32
min )
The blowout results and forecast indicate that demand for the company under CEO Jensen Huang isn’t short-lived, but high prices will spur competition.
( 27
min )
In 2017, the Trump administration spearheaded a comprehensive series of tax cuts. Called the Tax Cuts and Jobs Act (TCJA), the law reduced corporate taxes by about 40% and household taxes by varying degrees for most individuals. While the corporate tax cut is permanent, most of the individual tax reductions will end in 2025 or […] The post What High Earners Need to Know for Trump-Era Tax Expirations appeared first on SmartReads by SmartAsset.
( 34
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This could put pressure on the top end of Boeing's annual 737 delivery target of 450 planes, some Wall Street analysts warned even as the planemaker said it was evaluating that goal. It is for the second year that Boeing's delivery targets are under review, after supply-chain issues forced it to temper its goal last year. The latest quality issue is due to improperly shaped holes in the aft pressure bulkhead of some planes.
( 31
min )
Nvidia stock surges after the chip maker forecasts third-quarter revenue of $16 billion at the midpoint of its range, well above analysts' forecasts. Snowflake, meanwhile, reports better-than-expected second-quarter earnings and revenue, and Splunk's quarterly revenue jumps 14% and tops estimates.
( 27
min )
The UK’s largest oil producer has blamed the Government’s windfall tax after it swung from a near $1bn profit to an $8m (£6.3m) loss during the first half of the year.
( 32
min )
(Bloomberg) -- The last research firm with the equivalent of a “sell” rating on Nvidia Corp. is throwing in the towel.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysQQQ Up in Late Hours on Nvidia’s Bullish Forecast: Markets WrapGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekMorningstar Inc. upgraded the chipmaker
( 31
min )
(Bloomberg) -- ConocoPhillips has been put on divestment watch by some of Europe’s biggest pension funds, after using proceeds from a recent debt financing to expand its business in oil sands.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysWagner Chief Yevgeny Prigozhin, Mercenary Who Defied Putin, Is Presumed DeadQQQ Up in Late Hours on Nvidi
( 33
min )
More than 20 brokerages raised their target price for Nvidia post the earnings update, according to Refinitiv data, with Elazar Advisors being the most bullish at $1,600. Along with Rosenblatt Securities at $1,100 - they are the only ones to have targets above $1,000 for Nvidia. Nvidia has been the biggest beneficiary of the rise of ChatGPT and other generative AI apps, virtually all of which are powered by its graphics processors.
( 32
min )
Norwegian Air Shuttle reported a drop in second-quarter net profit to NOK538 million, but said demand was strong and that it has begun examining the potential for a dividend.
( 25
min )
The stock market is pricing in an unrealistic "no landing" scenario where the Fed crushes inflation without triggering a recession, Amanda Agati says.
( 31
min )
(Bloomberg) -- The prospect of global interest rates remaining higher for longer is tipping the case for many investors to switch into bonds from stocks.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysQQQ Up in Late Hours on Nvidia’s Bullish Forecast: Markets WrapGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekFixed
( 33
min )
(Bloomberg) -- Nvidia Corp. acknowledged that the US may impose stronger restrictions on the sale of chips to China and warned that such a move will hurt American companies in the long term, reiterating a broadly held view among top chipmakers.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsWagner Chief Prigozhin Was in Deadly Jet Crash, Russia SaysQQQ Up in Late Hours on Nvidia’s Bullish Forecast: Ma
( 32
min )
Old school investors will tell you that ‘buying low and selling high’ is the key to market success. The advice may be cliché, but it’s based on mathematical truth. The hard part, however, is understanding when prices are low, because that’s not always an absolute number. In recognizing that lower price range, investors can turn to Wall Street’s analysts for help. These professional stock watchers build their reputations on the quality of their calls, sorting through reams of data to find and rec
( 34
min )
Occupancy fraud is a type of mortgage fraud, whereby the borrower lies about whether or not the home will be owner occupied.
( 22
min )
Indexed universal life insurance offers tax benefits and potentially higher returns, but it has a number of risks that need to be considered.
( 28
min )
The three best jumbo CD rates in the country right now are 5.85% from One American Bank, 5.76% from Connexus Credit Union, and 5.75% from Sun East Federal Credit Union.
( 19
min )
Life insurance can increase your coverage over time. Here's how this works with different types of policies.
( 21
min )
A zero-coupon inflation swap is a derivative where a fixed-rate payment on a notional amount is exchanged for a payment at the rate of inflation.
( 21
min )
Reverse mortgage counseling is required for home equity conversion mortgages. Learn how to find a trustworthy reverse mortgage counselor to work with.
( 24
min )
The S&P 500 dropped 1.4% on Thursday, Aug. 24, 2023 as the recent rally in tech stocks came to a halt ahead of Friday's speech by Fed Chair Jerome Powell.
( 17
min )
Today's best CD rates are 5.85% on a jumbo option from One America Bank, and 5.75% for smaller deposits, offered by both Abound Credit Union and MapleMark Bank.
( 19
min )
Twenty-five years of expansionary policy, both fiscal and monetary, has not yielded the desired results for the Japanese economy.
( 21
min )
Home equity loans generally have higher interest rates but lower closing costs and fees than mortgages, so it pays to shop around.
( 22
min )
The employer payroll tax deferral lets you defer the employer portion of 2020 and 2021 Social Security taxes and split payment between 2021 and 2022.
( 21
min )
Lower interest rates increase business investment by making it cheaper to borrow money for new projects.
( 20
min )
Demand-side economics emphasizes the importance of aggregate demand and supports government intervention.
( 22
min )
Federal Reserve officials gave differing assessments Thursday at the Jackson Hole Economic Symposium about whether the central bank should raise its benchmark interest rate.
( 17
min )
Learn about the performance of the mutual funds offered by Capital Group's American Funds that have the longest established track records.
( 19
min )
An internal growth rate (IGR) is the highest level of growth achievable for a business without obtaining outside financing.
( 20
min )
There are three general types of blockchains—public, private, and permissioned. Learn the key differences and how they are typically used.
( 22
min )
The proof of burn (POB) consensus algorithm combines the proof of work (POW) and proof of stake (POS) and partially overcomes their shortcomings.
( 20
min )
Created by Congress, the Investment Company Act of 1940 regulates the organization of investment companies and the product offerings they issue.
( 24
min )
Hyperledger Fabric is a platform for building various blockchain-based products, solutions, and applications for business use.
( 21
min )
Cryptocurrency spoofing is the process by which criminals attempt to artificially influence the price of a digital currency by creating fake orders.
( 20
min )
U.S. equity markets fell in midday trading on Thursday, Aug. 24, 2023, as tech gains following Nvidia's earnings beat faded ahead of Fed Chair Jerome Powell's coming speech at the Jackson Hole Economic Symposium.
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Basketball legend Michael Jordan is the richest NBA player of all time after selling his stake in the Charlotte Hornets. One of the best basketball players in NBA history, Jordan has a net worth of $3.5 billion as of 2023, thanks to lucrative endorsements such as Nike and the Jordan Brand, and other business ventures.
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Sovereign debt is issued by a country's government in order to borrow money.
( 22
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The average rate offered for a 30-year fixed mortgage surged this week to 7.23% from 7.09% the week before, reaching the highest point since 2001, Freddie Mac said Thursday.
( 17
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BRICS is an acronym for the combined economies of Brazil, Russia, India, China, and South Africa, which some claimed early in this century were poised to dominate the world economy by 2050.
( 23
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Dollar Tree posted stronger-than-expected earnings for the quarter ended July 29, as the discount retailer benefited from higher sales at its flagship stores but was pressured by weaker margins.
( 19
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A purchase money security interest (PMSI) is a legal first claim to repossess property financed with its loan when a borrower defaults.
( 23
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A low federal funds rate implies expansionary monetary policy by a government, stimulating demand and employment.
( 23
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Home equity conversion mortgages are the most common reverse mortgages, but proprietary and single-purpose reverse mortgages offer other benefits.
( 21
min )
Boeing and Spirit AeroSystems shares dropped as a 737 MAX quality problem delays deliveries and Boeing warned it could miss this year's delivery target.
( 17
min )
Learn about the dynamics of the federal budget including how it is passed and the major categories representing revenue and expenditures.
( 19
min )
The acquisition is just the latest move in AMD's ongoing artificial intelligence push that includes the unveiling of a new GPU earlier this summer.
( 17
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The enlarged BRICS coalition will control almost half the global crude oil market and will have the strength to trade within the bloc in non-dollar currencies.
( 17
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A company's book value is its total assets minus its total liabilities. It can be determined by looking at the Shareholders's Equity section of the Balance Sheet.
( 22
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An Associate in Loss Control Management (ALCM) was a professional designation offered by the Insurance Institute of America (IIA).
( 19
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While 1.3 million residential properties in the US are vacant, zombie foreclosures still accounted for just a fraction of the nation's 101.6 million residential property stock.
( 17
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Dig deeper into the three components of stagflation: inflation, unemployment, and declining output, as understood by economic theory.
( 19
min )
CEO Huang cited "a new computing era" and increased corporate interest in generative A.I. to explain the surge in demand for GPU chips and data center resources.
( 17
min )
Achieving equilibrium of prices in a single or multi-market setting involves a bidding process that is informed precisely by demand.
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Learn about the macroeconomic factors policymakers have to be concerned with when deciding on economic policies, such as taxation and interest rates.
( 21
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Take a deeper look at the nature of supply shocks, an economic phenomenon that dramatically changes the equilibrium level of production.
( 23
min )
Het raket- en satellietbedrijf SpaceX, dat eigendom is van miljardair Elon Musk, is aangeklaagd door het Amerikaanse ministerie van Justitie. SpaceX wordt verdacht van discriminatie van asielzoekers en vluchtelingen bij sollicitaties. Zo zouden zij onder meer stelselmatig zijn ontmoedigd om te solliciteren.
( 3
min )
Veel werklozen zitten nu maar kort zonder werk. Tien jaar geleden zaten meer mensen langdurig thuis. In april, mei en juni zat een op de zeven werklozen twaalf maanden of langer zonder werk, blijkt uit cijfers van statistiekbureau CBS.
( 3
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Subway, de broodjesketen met wereldwijd ruim 37.000 vestigingen, wordt door de families van de oprichters verkocht. De koper is investeringsmaatschappij Roark Capital, de eigenaar van onder meer Dunkin' Donuts.
( 3
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Subway, de broodjesketen met wereldwijd ruim 37.000 vestigingen, wordt door de families van de oprichters verkocht. De koper is investeringsmaatschappij Roark Capital, de eigenaar van onder meer Dunkin' Donuts.
( 3
min )
Wie een elektrische bakfiets van het merk Urban Arrow wil verzekeren, kan niet meer bij de ANWB terecht. De fietsen zijn volgens een woordvoerder van de verzekeraar "erg gewild" bij dieven, vooral in de Randstad.
( 4
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Wie een elektrische bakfiets van het merk Urban Arrow wil verzekeren, kan niet meer bij de ANWB terecht. De fietsen zijn volgens een woordvoerder van de verzekeraar "erg gewild" bij dieven, vooral in de Randstad.
( 4
min )
De Turkse centrale bank heeft het rentetarief in het land flink opgeschroefd, tot 25 procent. De enorme rentestap kwam als een verrassing. Economen hadden gerekend op een veel kleinere verhoging.
( 3
min )
Wie een elektrische bakfiets van het merk Urban Arrow wil verzekeren, kan binnenkort niet meer bij de ANWB terecht. De fietsen zijn volgens een woordvoerder van de verzekeraar "erg gewild" bij dieven, vooral in de Randstad.
( 3
min )
Royal Delft Group heeft zijn inkomsten in de eerste helft van dit jaar flink zien stijgen. Dat kwam vooral doordat toeristen weer naar ons land kwamen en veel Delfts blauw en andere producten van het bedrijf kochten.
( 3
min )
Boeing heeft last van verkeerd geboorde gaten in nog te leveren 737 MAX-toestellen. Volgens de Amerikaanse vliegtuigbouwer heeft leverancier Spirit AeroSystems onjuist gaten geboord in een onderdeel dat de luchtdruk in de cabine regelt.
( 3
min )
Er duiken steeds meer nieuwssites op die kunstmatige intelligentie (AI) gebruiken om razendsnel artikelen van gerenommeerde media te hergebruiken. De nieuwssites controleren de herschreven teksten nauwelijks. Daarmee ligt de verspreiding van nepnieuws en desinformatie op de loer.
( 4
min )
Het landencollectief BRICS (Brazilië, Rusland, India, China en Zuid-Afrika) wil de samenwerking uitbreiden. Argentinië, Egypte, Ethiopië, Iran, Saoedi-Arabië en de Verenigde Arabische Emiraten mogen in 2024 ook lid worden.
( 4
min )
De handelsprijs voor gas is de laatste dagen met bijna 30 procent gezakt. Dit komt doordat stakingen bij belangrijke productielocaties voor vloeibaar aardgas in Australië waarschijnlijk zijn afgewend.
( 3
min )
Door extreem weer kunnen de premies van verzekeringen bij Achmea de komende tijd oplopen. Onder meer Centraal Beheer, FBTO, Interpolis en Zilveren Kruis vallen onder het bedrijf.
( 3
min )
Drie kwart van de bedrijven heeft momenteel last van een tekort aan personeel. Dat is iets minder dan de 84 procent van een jaar geleden. De krappe arbeidsmarkt leidt er bij veel bedrijven toe dat de werkdruk toeneemt.
( 3
min )
Nederlandse huishoudens en bedrijven verbruikten in de eerste helft van dit jaar 15,7 miljard kuub gas. Dat is een derde minder dan in dezelfde periode twee jaar eerder. Ook in vergelijking met vorig jaar is sprake van een flinke daling: een min van 10 procent.
( 3
min )
The Commercial Paper Funding Program (CPFF) was designed to increase the liquidity of the commercial paper market by providing funding to issuers.
( 20
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The Macroeconomic Stabilization Fund (FEM) was established by Venezuela to stabilize cash flow from oil production.
( 20
min )
You now have a whopping 30 choices to lock in a CD rate of at least 5.50%, including a top nationwide rate of 5.75%. That's double the number available at the start of August.
( 18
min )
Find out why marginalism is such an important concept in microeconomic theory, and what economists mean by marginal utility or cost.
( 21
min )
Today's best CD rates are 5.85% on a jumbo option from One America Bank, and 5.75% for smaller deposits, offered by both Abound Credit Union and MapleMark Bank.
( 19
min )
The S&P 500 gained 1.1% on Wednesday, Aug. 23, 2023, as tech stocks surged and Treasury yields dipped.
( 16
min )
A block header is the unique identity of a particular block on a blockchain and is hashed by miners for rewards.
( 18
min )
The Maldivian rufiyaa (MVR) is the national currency of the Republic of the Maldives.
( 19
min )
Remote work is here to stay, whether employers like it or not—and, for the most part, they don’t.
( 18
min )
r/CryptoCurrency Moons (MOON) is a digital currency that the r/Cryptocurrency Reddit forums use to reward users.
( 21
min )
Only 11% of respondents said they are living their definition of financial freedom.
( 17
min )
A small corporate offering registration (SCOR) is a simplified means for smaller companies to raise capital by issuing shares.
( 20
min )
Learn how the Consumer Price Index (CPI) and Producer Price Index (PPI) differ in the composition of their target sets of goods and services.
( 20
min )
Homebuilders are selling more, and cheaper new houses these days, the opposite of the trend in the market for existing homes where sales are slow and prices hitting record highs.
( 18
min )
Bancor blockchain protocol allows users direct zero/low fee conversion between different crypto coins.
( 22
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Half of retired and pre-retired Americans are considering going back to work or delaying retirement, according to a recent survey, and the reasons aren't limited to finances.
( 18
min )
If you don’t have the cash, should you use the equity you have in your home to modify it so that you can stay in it longer?
( 22
min )
Agency theory and stakeholder theory are both used to understand and explain various types of relationships and challenges that can occur in business.
( 20
min )
Find out what influences competition in microeconomics and how perfect competition, monopoly, and oligopoly vary in their competitive characteristics.
( 21
min )
Singapore-based e-commerce and ride-hailing company Grab narrowed its losses and forecast a smaller loss for the year, as cost-cutting measures paid off.
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min )
Business crime insurance gives companies protection from damage from corporate crimes like fraud, embezzlement, theft, and others.
( 19
min )
A co-tenancy clause in retail lease contracts allows tenants to reduce their rent if key tenants or a certain number of tenants leave the retail space.
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min )
It's important to understand where that money coming out of your paycheck goes and why. After all, you earned it.
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min )
The most recent rounds of tax reform have expanded the benefits of 529 college savings plans.
( 25
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Learn how marginal utility influences consumer choice under the law of diminishing marginal utility and consumer decisions made on margins.
( 22
min )
Peloton shares tumbled after reporting a wider-than-expected loss as falling subscriber numbers and recall costs impacted its results.
( 17
min )
A call option is a contract that gives the option buyer the right to buy an underlying asset at a specified price within a specific time period.
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Mortgage rates rose again, hitting new records not only for 30-year new purchase loans, but also for 15-year loans, 30-year jumbo loans, and 30-year refi mortgages.
( 20
min )
You can't roll a traditional IRA into a 529 plan without paying taxes, but there are better options to help cover higher-education expenses.
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Older investors tend to be more open to AI than younger investors when it comes to financial advice. A much smaller percentage of investors would implement this advice without running it by a human advisor.
( 17
min )
All mortgage applications decreased by 4.2% from a week ago.
( 17
min )
A target hash sets the difficulty for cryptocurrency mining using a proof-of-work (PoW) blockchain system.
( 19
min )
The bond market is the collective name given to all trades and issues of debt securities and include corporate, government, and municipal bonds.
( 30
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Foot Locker shares plunged after the retailer reported sales fell as inflation-weary shoppers spent less on the company's apparel and footwear.
( 17
min )
Should you spend your 529 account down quickly in hopes of qualifying for more financial aid? It's possible, but the strategy can also backfire.
( 24
min )
UPS workers ratified a deal worth $30 billion in wage increases and other benefits, ending contentious negotiations and the threat of a strike.
( 17
min )
Here are the three worst episodes of hyperinflation in modern history.
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The Purchasing Managers' Index is a telling sign of the U.S. economy. But what is it?
( 25
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You now have a whopping 30 choices to lock in a CD rate of at least 5.50%, including a top nationwide rate of 5.75%. That's double the number available at the start of August.
( 19
min )
GM said in April about 5,000 salaried workers had taken buyouts to leave the automaker after it announced plans to cut costs by $2 billion this year. GM said around 80 to 90 employees working in software defined vehicle teams will remain in Arizona as it consolidates IT operations at its Michigan, Georgia and Texas facilities.
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Investors know the pain of seeing some of their stocks tumble after an analyst downgrade, but stocks also can slide when analysts maintain previous ratings but slash previous stock price targets by 10% or 20%. As Wall Street grapples with the latest Federal Reserve meeting minutes that suggest more interest rate hikes could be forthcoming, droves of analysts have been slashing price targets on interest-sensitive stocks such as real estate investment trusts (REITs). Over the past week,18 price ta
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min )
Steel service center Esmark ended its $35 all-cash bid for United States Steel.
( 26
min )
The chip maker reported revenue of $13.5 billion for its latest quarter, well above analysts' expectation of $11.2 billion.
( 27
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Nvidia's numbers are out, and the chipmaker has once again smashed Wall Street expectations.
Here's what the company reported, versus what analysts expected, according to FactSet:
Revenue: $13.51 billion, versus $11.19 billion expected.
Earnings per share: $2.48 (GAAP) and $2.70 (non-G
( 22
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Nvidia's stock is surging after reporting better-than-expected earnings, and the chipmaker had even more goodies for its investors.
Nvidia also announced a new authorization to repurchase up to $25 billion worth of stock. Nvidia said it spent $3.28 billion on buybacks in the second quarter.
The ch
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Shares of the Santa-Clara, California-based company rose 6.3% in trading after the bell. They have tripled this year, making the company the first ever trillion-dollar chip business as investors bet Nvidia will be the key beneficiary of the AI boom. Analysts have estimated that demand for Nvidia's prized AI chips is exceeding supply by at least 50%, adding that the imbalance will stay in place for the next several quarters.
( 30
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United Airlines has agreed to a $30 million settlement after a deplaning incident left a quadriplegic man in a vegetative state, court papers show. The settlement with the family of Nathaniel Foster Jr, known as N.J., was disclosed on Tuesday in San Francisco federal court, and reached after one day of trial. It arose from the treatment of Foster, who had been using a wheelchair, ventilator and tracheal tube, as he and his family were disembarking from a Feb. 8, 2019 United Express flight to Monroe, Louisiana, where they had traveled to attend a funeral.
( 30
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Stablecoins settled more value than PayPal processed in 2022, with dollar-pegged tokens approaching Visa-level payments volumes.
( 26
min )
Longer-dated Treasury yields have been hitting the highest levels in more than a decade.
( 26
min )
(Bloomberg) -- Federal Reserve Chair Jerome Powell is expected to map out final steps in the US central bank’s campaign to tame inflation, and reinforce its commitment to finishing the job, when he speaks Friday in Jackson Hole, Wyoming.Most Read from BloombergWagner Chief Prigozhin Listed Aboard Crashed Jet, Reports SayHuawei Building Secret Network for Chips, Trade Group WarnsQQQ Up in Late Hours on Nvidia’s Bullish Forecast: Markets WrapGoldman Is Cracking Down on Employees That Aren't in Off
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min )
Shares of the graphics-chip maker have been having a boffo year. The second-quarter earnings report will jar the stock price up or down.
( 26
min )
A lot hinges on Nvidia results, including the direction of the Nasdaq. Technical analysis of the chip maker's stock flashes a bearish warning, analyst says.
( 26
min )
The investor's ARK Innovation Fund dumped the stock in January, missing out on most of the chip maker's meteoric 212% rise so far in 2023.
( 27
min )
(Bloomberg) -- About $1.2 trillion of debt on US commercial real estate is “potentially troubled” because it’s highly leveraged and property values are falling, according to Newmark Group Inc.Most Read from BloombergHuawei Is Building a Secret Network for Chips, Trade Group WarnsGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysIndia First to Land Near Moon South Pole After Russia FailsBond Yields Sink as Wea
( 31
min )
Anyone active in the stock market is looking for solid returns, but is often faced with a problem: how to cut through all the noise and reams of data in order to generate those gains. Seasoned market participants will say there are all kinds of different strategies to follow, but one of the most straightforward ones is to track the moves made by Wall Street’s investing legends. And hardly any come with a more stellar reputation than hedge fund manager David Tepper. The billionaire investor is th
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min )
"Broadcom will immediately invest an additional $2 billion a year to better unlock customer value,” CEO Hock E. Tan said.
( 10
min )
(Bloomberg) -- From his office just outside Los Angeles, Dominic Ng watched as California banks fell like dominoes — first crypto-friendly Silvergate Capital Corp. down near San Diego in early March, then Silicon Valley Bank up north days later, followed by San Francisco’s First Republic Bank at the beginning of May.Most Read from BloombergHuawei Is Building a Secret Network for Chips, Trade Group WarnsGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekMusk Told Pentagon
( 33
min )
U.S. business activity approached the stagnation point in August, with growth at its weakest since February as demand for new business in the vast service sector contracted. S&P Global said its flash U.S. Composite PMI index, which tracks manufacturing and service sectors, fell to a reading of 50.4 in August from 52 in July, the biggest drop since November 2022. While August's reading was the seventh straight month of growth, it was only fractionally above the 50 level separating expansion and contraction as demand weakened for both manufactured goods and services.
( 30
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If I have a tax-deferred 401(k). Can I convert it to a Roth IRA without paying the deferred taxes when I roll it over? -Tommy Generally, the answer here is no. There's typically no method to totally dodge taxes on … Continue reading → The post Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartAsset Blog.
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Why hire a financial advisor who will take around 1% percent of your assets per year when you can get a certificate of deposit (CD) at over 5% with no fee? That alone amounts to a 6% return on your … Continue reading → The post Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor appeared first on SmartAsset Blog.
( 33
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Johnson & Johnson investors were able to exchange less than a quarter of their shares for the consumer split off. The company will update financial guidance next week
( 27
min )
The clothing retailer raises its outlook for full-year sales growth. Higher prices have helped.
( 26
min )
Shares of Peloton are sinking in premarket trading after the fitness-equipment maker reported another decline in paying subscribers and said the costs of an equipment recall was denting its profit.
The stock is down 27% in premarket trading.
More on Peloton's results:
[**Peloton Shares Pl
( 21
min )
Jeff Shepherd has left the company; Tony Iskander named as interim CFO.
( 25
min )
The company says the $40 million cost of a seat recall announced in May exceeded Peloton's initial expectations.
( 26
min )
Earnings from auto parts distributors such as Advance Auto Parts just might be the canary in the coal mine. There is a limit to what people can pay to buy and maintain their vehicles.
( 27
min )
The company swung to a loss of $5 million, from a profit of $94 million in the year-ago quarter.
( 26
min )
Foot Locker slashes its outlook for the second straight quarter and pauses its dividend as the shoe retailer grapples with a tough consumer backdrop.
( 27
min )
Analog Devices shares dropped on Wednesday after its quarterly guidance missed analysts' expectations. Other semiconductor companies with big industrial and automotive exposure were also falling.
( 26
min )
As investors pile into various higher yielding investments, it’s important to know the big taxable differences between each type.
( 25
min )
Investors in the sports retailer, Goldman Sachs, Charles Schwab, and several others will be hoping for some good news soon.
( 26
min )
Foot Locker is cutting its full-year outlook again and pausing its quarterly dividend as sales dropped in its fiscal second quarter with consumers continuing to be more cautious about their purchases. The footwear and clothing retailer said quarterly sales declined to $1.86 billion from $2.07 billion. “We did see a softening in trends in July and are adjusting our 2023 outlook to allow us to best compete for price-sensitive consumers,” President and CEO Mary Dillon said in a statement.
( 32
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A lot hinges on Nvidia results, including the direction of the Nasdaq. Technical analysis of the chip maker's stock flashes a bearish warning, analyst says.
( 27
min )
401(k) contribution limits should continue their upward climb in 2024, according to a recent projection by Mercer. However, easing inflation now means lower forecasts for 401(k) and other retirement plan contribution limits for next year. After rising substantially from $20,500 in 2022 to $22,500 for 2023, Mercer projects the annual cap to go up just […] The post 401(k) Contribution Limits Projected to Rise Again in 2024: How to Plan Ahead appeared first on SmartReads by SmartAsset.
( 32
min )
Tesla lowered the production target of its German plant to 4,350 a week in July and August after hitting 5,000 a week in March, and plans to reduce it further, according to a Business Insider report citing internal documents and anonymous sources. The U.S. carmaker had posted on X, the social media platform formerly known as Twitter, in late March that it hit 5,000 cars per week at the plant in Gruenheide near Berlin, but workers who declined to be named told Business Insider that this was a one-off and average output since then had been much lower, the article said. Tesla said in June it was hiring fewer temporary workers than it did in the beginning because they were no longer needed but that its production targets were on track.
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Former St. Louis Fed chief James Bullard warns that stronger growth will require even higher rates.
( 27
min )
Expectations are lofty, but concerns about China and the supply chain remain.
( 27
min )
Nvidia's highly anticipated second-quarter earnings are scheduled for after the closing bell Wednesday, Toll Brothers reports earnings and revenue that top Wall Street expectations, and sales at Urban Outfitters set a record.
( 27
min )
The investor's ARK Innovation Fund dumped the stock in January, missing out on most of the chip maker's meteoric 212% rise so far in 2023.
( 27
min )
Investors are wagering that the furious rally in Nvidia shares will continue after Wednesday’s earnings report.
( 28
min )
(Bloomberg) -- Gold isn’t losing its allure, according to a dozen money managers who all told Bloomberg News they expect to maintain or raise their exposure to the precious metal in the coming twelve months.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekBorrowers With $39 Billion in Student Loans Finally See ReliefStocks Fail to Catch a Bid Before Nvidia’s Results: Markets WrapBulli
( 32
min )
Global investors have been offloading China’s flagship stocks in a record-selling streak, showing even the nation’s industry leaders are falling out of favour amid concerns for the economy.
( 31
min )
Money-market funds and Treasury bills are offering competition for high-dividend stocks with short-term rates above 5%, but they aren't the only game in town.
( 26
min )
(Bloomberg) -- Global investors have been shedding China’s blue-chip stocks in what’s been a record-selling streak, showing even the nation’s industry leaders are falling out of favor as a rout deepens. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekBorrowers With $39 Billion in Student Loans Finally See ReliefStocks Fail to Catch a Bid Before Nvidia’s Results: Markets WrapForeign i
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min )
Bullish investors are hoping Wednesday's earnings report from chip heavyweight Nvidia can rejuvenate a U.S. stocks rally that has stumbled in recent weeks. Nvidia shares have tripled in 2023, underscoring how a rebound in megacap stocks and excitement over the business potential of artificial intelligence have helped propel the S&P 500 to a 14% gain this year. The chipmaker’s year-to-date increase has led gains among the so-called Magnificent Seven group of megacap stocks, which also include Apple and Microsoft.
( 33
min )
Bitcoin fell Wednesday morning in Asia to trade below US$26,000. Ether also dropped as all other top 10 non-stablecoin tokens traded flat to lower.
( 32
min )
Private equity firm Roark Capital is in the lead to acquire sandwich chain Subway for well over $9 billion after attaching conditions to some of the windfall the two families that own it will get, people familiar with the matter said on Tuesday. These conditions, known as an earn-out, defer payment on part of the deal consideration, the sources said. For the full price to be paid, Subway's cash flow would need to reach certain milestones over a specified period after the deal closes, the sources added.
( 32
min )
Nederlandse huishoudens en bedrijven verbruikten in de eerste helft van dit jaar 15,7 miljard kuub gas. Dat is ruim een derde minder dan in dezelfde periode twee jaar eerder. Ook in vergelijking met vorig jaar is sprake van een flinke daling: een min van 13 procent.
( 3
min )
Als het demissionaire kabinet niet ingrijpt, betalen automobilisten in 2024 fors meer aan de pomp. De accijnzen stijgen en worden ook aangepast aan de inflatie. Een liter benzine kost dan straks 21 cent extra en een liter diesel 13 cent.
( 3
min )
De huizenprijzen stijgen weer, bleek dinsdag uit cijfers van statistiekbureau CBS en het Kadaster. De prijs van een koophuis was in juli gemiddeld 0,5 procent hoger dan een maand eerder. Wat betekent dat voor starters op de woningmarkt?
( 4
min )
Getir is straks in minder Nederlandse steden beschikbaar. Het boodschappenbezorgbedrijf stopt in Breda, Delft, Eindhoven, Groningen, Leiden en Tilburg. Verder wordt een deel van de locaties in Amsterdam gesloten. Het Turkse bedrijf kondigde eerder al krimpplannen in andere landen aan.
( 3
min )
De huizenprijzen stijgen weer, bleek dinsdag uit cijfers van statistiekbureau CBS en het Kadaster. De prijs van een koophuis was in juli gemiddeld 0,5 procent hoger dan een maand eerder. Wat betekent dat voor starters op de woningmarkt?
( 4
min )
Vluchten van reisorganisatie Corendon naar Curaçao krijgen vanaf november een kindvrije zone. Volwassenen die geluidsoverlast van kinderen willen mijden kunnen terecht in een afgeschermde ruimte voor in het vliegtuig. Eerder konden toeristen al hotels zonder kinderen boeken.
( 4
min )
De zogenoemde BRICS-landen onderzoeken de invoering van een gezamenlijke munt voor onderlinge handel. De Braziliaanse president Luiz Inácio Lula da Silva hield daar op een top een pleidooi voor. Het doel is om minder afhankelijk te worden van de Amerikaanse dollar.
( 4
min )
India mag zich het vierde land ter wereld noemen dat succesvol op de maan is geland. De Indiase maanlander landde woensdag iets na 14.30 uur op de zuidpool van de maan.
( 4
min )
De Belastingdienst heeft onterecht onderzoek gedaan naar mogelijk gesjoemel met giften aan de Haagse As-Soennah-moskee, schrijft NRC woensdag. De rechter kan niet uitsluiten dat de fiscus heeft gediscrimineerd.
( 4
min )
Toen VanMoof vorige maand failliet ging, had de fietsenfabrikant een schuld van 143,8 miljoen euro. Dat bevestigt curator Jan Padberg na berichtgeving van het FD. De schuld is fors hoger dan de jaaromzet, die in 2021 op ongeveer 80 miljoen euro uitkwam.
( 4
min )
De eerste Russische maanlandingsmissie in 47 jaar is afgelopen weekend mislukt. Jullie vroegen op ons NUjij-reactieplatform waarom maanlandingen ondanks ruim vijftig jaar ervaring toch mis blijven gaan. Ruimtevaart is en blijft een groot experiment, zegt een expert.
( 4
min )
Toen VanMoof vorige maand failliet ging, had de fietsenfabrikant een schuld van 143,8 miljoen euro. Dat bevestigt curator Jan Padberg na berichtgeving van het FD. De schuld is fors hoger dan de jaaromzet, die in 2021 op ongeveer 80 miljoen euro uitkwam.
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Sinds de kredietcrisis zijn we elk jaar meer in de winkel gaan kopen, maar in 2023 komt daar waarschijnlijk verandering in. Door de inflatie houdt de consument de hand op de knip, waardoor de winkelverkopen volgens ING 2 procent lager uitvallen: de eerste daling in tien jaar.
( 3
min )
India doet woensdagmiddag een nieuwe poging om een maanrover op de maan te laten landen. Als dat lukt, is India het vierde land ooit dat hierin slaagt. Het is eerder alleen de voormalige Sovjet-Unie, de Verenigde Staten en China gelukt.
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De Gasunie breidt haar lng-terminal in de Rotterdamse haven verder uit. Dit moet ervoor zorgen dat ons land meer lng (vloeibaar aardgas) kan invoeren. Lng wordt gezien als een belangrijke vervanger van Russisch aardgas.
( 3
min )
De Belgische farmaceut Janssen is van plan zijn afdeling voor vaccinontwikkeling in Leiden te sluiten. Daardoor staan er mogelijk banen op de tocht, al is niet duidelijk om hoeveel arbeidsplaatsen het gaat. Dat heeft het bedrijf bevestigd na berichtgeving van De Telegraaf.
( 3
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The markets have been exhibiting some wobbly tendencies recently, with the strong rally seen in the first half of the year appearing to have wilted a bit under the summer sun. Fear not, however, appears to be the advice of one prominent stock picker. With US inflation falling to 3% recently compared to last summer’s 9%, and with GDP growth in the last quarter coming in at 2.4%, famous value investor Bill Miller, whose net worth is valued at $1.4 billion, thinks the rest of the year looks pretty
( 34
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The first commercial production of graphite in North America could be just 12 months away, a moment that will transform global electric vehicle supply chains forever.
( 41
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(Bloomberg) -- In a remote, dusty corner of New Mexico, so near to the Texas border that if you wander too close your smartphone changes time zones, sits a pristine factory that is the best chance for the US to wean itself off an addiction that few knew it had: uranium enriched in Russia.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysHuawei Is Building a Secret Network for Chips, Trade Group WarnsGoldman Is Cracking Down on Employees That Aren't in Office F
( 37
min )
(Bloomberg) -- Vanguard Group has famously stood apart in the money-management world with its popular mutual funds offering the liquid ETF wrapper.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysHuawei Is Building a Secret Network for Chips, Trade Group WarnsGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekStocks Fail to Catch a Bid Before Nvidia’s Results: Markets WrapBorrowers With $39 Billion in Student Loans Finally See ReliefN
( 31
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CD rates are still rising—and have set a record in every term—according to newly released national averages from the FDIC. How much longer will this party last?
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Today's best CD rate is a 5.85% jumbo option from One American Bank. For smaller deposits, the top rate is 5.75% from either Abound Credit Union or MapleMark Bank.
( 21
min )
The contract electronics manufacturer stock is on pace for a new closing high.
( 27
min )
Shares of electric-vehicle start-up VinFast are surging. The newly public company is worth more than Ford Motor and General Motors.
( 26
min )
Investors in acquired oil companies are being rewarded with the promise of steady cash flows and dividends over time, instead of hats full of cash.
( 26
min )
The favorable vote on a new contract with the logistics company is good news for a variety of businesses.
( 27
min )
J&J holders who participated in the exchange offer can choose which J&J shares they want to use for their cost basis in Kenvue.
( 26
min )
Billionaire philanthropist George Soros, while polarizing, has made some of the most successful trades in history. His fund has averaged a roughly 30% yearly return since inception. Soros made bets on Tesla Inc. as early as 2018 and ventured into cryptocurrency the same year. According to the billionaire's latest 13F filings, he is making other interesting bets going into the second half of 2023. See more on startup investing from Benzinga: Until 2016 it was illegal for retail investors to inves
( 31
min )
The move is effective Wednesday and is the result of embattled Philadelphia bank failing to file its 2022 annual report.
( 12
min )
(Bloomberg) -- Foreign investors are selling short-dated Treasuries, which suggests there’s more room for yields to rise as some buyers step back from paper that’s considered expensive. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateHong Kong Investor Starts Property Fire Sale After Wife ArrestedThere’s been renewed selling in the less-tha
( 31
min )
Nearly everyone realizes demand for the company's artificial intelligence chips will likely outstrip supply for a while.
( 26
min )
Traders in the U.S. equity options market are expecting a larger-than-usual swing in Nvidia's shares following the chipmaker's quarterly results after the close on Wednesday, options market data showed. Nvidia options imply a nearly 11% swing for the shares, in either direction, by Friday, according to Trade Alert data. A move of that magnitude would be larger than the 8.6% average swing on the day after the chipmaker's results over the last eight quarters, but still well below the 24.4% jump after the last earnings report.
( 31
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(Bloomberg) -- Charles Schwab Corp. is looking to raise fresh debt in the US investment-grade bond market, after revealing plans to cut jobs and close or downsize offices to curb costs. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesThe financial services firm brought a benchm
( 31
min )
The race to space exploration has been heating up, with Elon Musk's SpaceX making significant strides in the sector. The private company is valued at approximately $150 billion after a recent share sale by investors. Musk is speculated to own roughly 44% of the company. The company reached an agreement with both new and existing investors to offer up to $750 million in stock from insiders at a price of $81 per share last month, valuing it at approximately $140 billion, according to a document se
( 33
min )
Leading economists say the threat of recession has passed, but there's a lot of reasons to think the worst is yet to come.
( 36
min )
In the latest volatile session since its backdoor listing last week, VinFast's stock was last up 127% at $40.24, giving it a market capitalization of $95 billion. Last Tuesday, the cash-burning company soared as it started trading on the U.S. stock market with an opening price of $22 following its tie-up with SPAC partner Black Spade Acquisition. With 99% of the EV firm controlled by founder Pham Nhat Vuong, the tiny amount of publicly available shares has made the stock prone to volatility.
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min )
The stock is down about 32% this year, and fell again on Tuesday after Schwab outlined plans to rein in expenses.
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The move follows the company's recent announcement that it plans to acquire Crestwood Equity Partners in a $7.1 billion deal.
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min )
There's a rush into Nvidia options ahead of the chip maker's earnings tomorrow, with many traders eyeing trades that would profit if the shares kept soaring.
Some of the most popular trades early Tuesday are calls tied to the shares jumping to $500 or even $700, Cboe Global Markets data show. Calls
( 21
min )
(Bloomberg) -- President Vladimir Putin demanded steps to control the outflow of capital from Russia and to reduce volatility in financial markets, warning of the threat from rising prices following the slump in the ruble.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekBorrowers With $39 Billion in Student Loans Finally See ReliefStocks Fail to Catch a Bid Before Nvidia’s Results: Ma
( 31
min )
3M announced three leadership changes Tuesday as it prepares to spin off its health care division into an independent company.
( 11
min )
Shares of VinFast jumped roughly 88% on Tuesday, continuing a streak of big swings in trading since the electric-vehicle stock debuted on the Nasdaq last week.
VinFast more than tripled in its public debut, then fell for three straight sessions. The stock is still up more than 200% since VinFast's
( 21
min )
A new plan to trim expenses has Charles Schwab shares selling off.
The stock is down 4% on Tuesday morning, after the brokerage firm said Monday it aims to save $500 million annually by [reducing its office space and trimming headcount](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-
( 22
min )
Shares of electric-vehicle start-up VinFast are surging. The newly public company is worth more than Ford Motor and General Motors.
( 26
min )
A new breed of overemployed workers has emerged, turning to artificial intelligence (AI)-powered language models like ChatGPT to handle a significant portion of their job responsibilities. "ChatGPT does like 80% of my job," stated one worker, while another, currently holding down four robot-performed jobs, says, "Five would be overkill." As the popularity of AI-powered tools like ChatGPT continues to soar, concerns are growing about the impact on the global job market. With the potential for job
( 33
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(Bloomberg) -- While higher interest rates can juice profits for a slew of lenders, a senior TD Securities strategist warns that the relentless jump in borrowing costs threatens to create fresh problems for the banking sector. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateHong Kong Investor Starts Property Fire Sale After Wife ArrestedThe
( 31
min )
The materials company named a CEO for its healthcare business and added some responsibilities for its CFO.
( 27
min )
Move to cut the lenders' credit rating comes only weeks after Moody's slashed its ratings on several banks.
( 33
min )
Nvidia earnings have the potential to keep the tech rally going, but investors shouldn't forget the markets mantra: Don't fight the Fed.
( 27
min )
Nvidia stock is selling off on Tuesday, but the recent rally in shares ahead of Wednesday’s earnings shows that investors are still pretty enthusiastic.
The stock is up 6.8% since Aug. 16, according to FactSet. If that holds up through tomorrow’s close, it will be the second-strongest rally in the
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min )
Riding the wave of positive economic developments in 2023, investors have significantly increased their exposure to the stock market this year. The evidence is in the data, as pointed out by Goldman Sachs’ Chief US Equity Strategist, David Kostin. The investment firm’s US Equity Sentiment Indicator rebounded from -1.8 in December to +1.5 in July. However, during August, the bears have been trying to regain a foothold, and over the past week, that metric has fallen to +0.8. Now, Kostin says that
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min )
United States Steel Corp. CEO David B. Burritt sent a letter to employees Tuesday, thanking them for staying focused as the board of directors and upper management consider offers to sell the company.
( 10
min )
Broadcom, Inc. (AVGO) shares have jumped 54% in 2023. This uptrend is being powered by mega appetite for the stock.
( 31
min )
3M in July disclosed plans to spin off its healthcare business into a listed company, in which 3M would retain a stake of 19.9%. Hanson would join 3M on Sept. 1 as CEO of Health Care Business Group, the company said.
( 31
min )
Arm Holdings is preparing for its IPO and the model for its success will be Nvidia - an AI chip favorite. But there are potential concerns about Arm's exposure to China and the smartphone market, warn analysts.
( 27
min )
Baidu, Inc (NASDAQ: BIDU) reported a second-quarter FY23 revenue growth of 15% year-on-year to $4.697 billion, beating the consensus of $4.570 billion. Baidu's Non-GAAP earnings per ADS of $3.11 beat the consensus of $2.32. Segments: Baidu's Core revenue increased 14% Y/Y to $3.64 billion; Online marketing revenue improved 15% Y/Y to $2.71 billion. Non-online marketing revenue grew 12% Y/Y to $937 million, driven by cloud and other AI-powered businesses. Revenue from IQIYI, Inc (NASDAQ: IQ) incr
( 31
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Macy’s swung to a loss and reported a sales decline in the second quarter as worries about inflation continue to make shoppers pull back on clothing and other discretionary purchases. Macy's reaffirmed its annual sales and profits forecasts, noting uncertainty about the economy in the second half. Macy’s is one of the last remaining retailers to report second-quarter results in an earnings season that shows how still high inflation, despite some easing, is forcing shoppers to continue to cut back on discretionary items like clothing in order to afford their larger grocery bills.
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min )
A growing number of workers report that their primary source of retirement income will come from their 401(k) workplace savings plan, according to a new retirement study from Schwab. In 2022, workers said 37% of their retirement money would come from 401(k) cash. That figure has now risen to 40% of workers. Consider working with […] The post You May Need to Rethink Where Your Retirement Income Will Come From appeared first on SmartReads by SmartAsset.
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min )
The company reports earnings per share of $4.56 in the quarter, beating FactSet expectations for $4.47.
( 26
min )
Rising hopes of Nvidia's revenue target once again surpassing Wall Street estimates have fueled a 16.5% surge in shares over the past week. Wall Street expects Nvidia, which dominates the market for chips used to power generative AI like ChatGPT and many such services, to forecast 110% growth in third-quarter revenue to $12.50 billion when it reports results on Wednesday. Nvidia's blowout forecast last quarter had also sparked a rally in AI-stocks as well as Big Tech, making it one of the key drivers for the U.S. stocks rally this year.
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Baidu said second-quarter net profit climbed, thanks to growth in online-marketing and video-streaming services.
( 26
min )
Dara Khosrowshahi took to the streets of San Francisco to give passengers rides and deliver Uber Eats orders.
( 33
min )
As part of the deal, Microsoft would sell the non-European streaming rights to Activision games to Ubisoft.
( 26
min )
Strong results at Baidu cut through macroeconomic concerns over China that have recently weighed on the country's stocks.
( 27
min )
Companies are disclosing the impacts of the 1% tax on share repurchases.
( 26
min )
Investors are wagering that the furious rally in Nvidia shares will continue after Wednesday’s earnings report.
( 27
min )
(Bloomberg) -- Baidu Inc.’s revenue rose its most in more than a year, joining China’s largest internet companies in rediscovering growth after Beijing relaxed its grip on the private sector to try and jumpstart a faltering economy.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ Clima
( 33
min )
(Bloomberg) -- Chinese stocks staged a sudden rally late on Tuesday, with several traders attributing the rebound to technical reasons in the absence of any fresh triggers.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateIn Hong Kong, the Hang Seng Index climbed nearly 2% within
( 31
min )
Housing affordability, as monitored by the Atlanta Fed, has already deteriorated beyond the levels seen at the housing bubble's peak in 2006.
( 32
min )
(Bloomberg) -- China is extending two lines of currency defense to support the yuan, pushing up funding costs in the offshore market and battling back once more with a stronger-than-expected reference rate for the managed currency.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesTech Storms Back as Nvidia’s 8% Jump Fuels AI Bets: Marke
( 30
min )
(Bloomberg) -- Two weeks after Moody’s Investors Service rattled financial stocks by cutting the ratings for a slew of US banks, S&P Global Ratings is downgrading and dimming its outlook for several more — citing a similar mix of pressures making life “tough” for lenders.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysNasdaq 100 Climbs 1% as Tech Powers Stock Rebound: Markets WrapQuant Trader Doub
( 30
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S&P downgraded the ratings of Associated Banc-Corp and Valley National Bancorp on funding risks and a higher reliance on brokered deposits. It also downgraded UMB Financial Corp, Comerica Bank and Keycorp, citing large deposit outflows and prevailing higher interest rates. A sharp rise in interest rates is weighing on many U.S. banks' funding and liquidity, S&P said in a summarized note, adding that deposits held by Federal Deposit Insurance Corp (FDIC)-insured banks will continue to decline as long as the Federal Reserve is "quantitatively tightening."
( 31
min )
(Bloomberg) -- A top-performing Chinese macro hedge fund blamed global capital for sinking the country’s stocks to the lowest levels since November.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateForeign funds are primary drivers of Chinese stocks’ recent selloff, said Li Bei,
( 32
min )
(Bloomberg) -- BHP Group Ltd., the world’s biggest miner, reported a 37% decline in full-year profit, missing analysts’ forecasts, as China’s struggling economy weighed on demand for iron ore and other commodities.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysNasdaq 100 Climbs 1% as Tech Powers Stock Rebound: Markets WrapCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnUnderlying at
( 31
min )
Underwriting expenses consist of a wide range of costs and expenditures associated with underwriting activity.
( 18
min )
Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics. areas of New York's housing, tourism, leisure and hospitality metrics.
( 18
min )
CD rates are still rising—and have set a record in every term—according to newly released national averages from the FDIC. How much longer will this party last?
( 17
min )
Today's best CD rate is a 5.85% jumbo option from One American Bank. For smaller deposits, the top rate is 5.75% from either Abound Credit Union or MapleMark Bank.
( 19
min )
The S&P 500 dipped 0.3% on Tuesday, Aug. 22, 2023, dragged down by weakness in the banking sector following S&P's downgrade of several lenders.
( 17
min )
Visa is a major card network but doesn't issue credit cards itself. Cards with the Visa brand include credit, debit, prepaid, and gift cards.
( 23
min )
Your debt-to-limit ratio compares your outstanding debt to your available credit and is an important factor in your credit score.
( 23
min )
Credit cards can no longer charge dormancy or inactivity fees, but other types of cards and financial accounts still can.
( 24
min )
A leveraged loan is one that is extended to companies or individuals that already have considerable amounts of debt or a poor credit history.
( 22
min )
Older adults are growing more fearful that the Social Security program will run dry, a fear that has some basis in reality, but which may or may not come true.
( 18
min )
American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.
( 21
min )
A financial plan is a document detailing a person’s current money situation and long-term monetary goals, as well as strategies to achieve them.
( 25
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Add this to the many ways that we all could end up paying for the effects of climate change: The U.S. and other countries could see their credit ratings tumble, making their debts harder to pay off.
( 17
min )
A convertible insurance policy allows the insured to convert a term policy to a permanent policy at a later date.
( 20
min )
Personal loan rates jumped this week to 20.87%, adding 28 basis points since last week when the average personal loan rate sat at 20.59%.
( 18
min )
Pet insurance can help you save on veterinary care. Learn how pre-existing condition exclusions apply when purchasing pet insurance coverage.
( 21
min )
The Federal Trade Commission (FTC) recently uncovered a scam targeting student loan borrowers that made $8.8 million by promising debt relief.
( 17
min )
Tech giant IBM has agreed to a deal with investment firm Francisco Partners for its holdings in The Weather Company.
( 17
min )
Understand the differences between inflation and deflation, their effects on economies and consumers, and why economies frequently teeter between the two.
( 23
min )
If you can, take advantage of a little-known tax break and front-load your 529 plan to maximize the effect of compounding.
( 24
min )
Moving out into your first rental is a big step, so be financially prepared.
( 21
min )
These successful women entrepreneurs have built global brands and fortunes through their own hard work and strong drive.
( 25
min )
Your 529 plan will cover the same qualified education expenses when you study abroad as it does in the United States.
( 22
min )
Bank of America is the latest credit card issuer to offer benefits to electric vehicle (EV) owners with its rewards program.
( 17
min )
DICK's reported a 13% decline in EPS and a drop in gross margin, attributable in part to the growing problem of inventory shrinkage across the retail industry.
( 17
min )
More U.S. banks have been hit with credit rating downgrades, the latest development that threatens to make borrowing even more difficult for businesses and individuals.
( 18
min )
U.S. equity markets were mixed in midday trading on Tuesday, Aug. 22, 2023 as bank stocks lost ground after S&P downgraded several U.S. banks.
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A country's balance of trade can affect its exchange rate when trade surpluses or trade deficits influence the supply of or demand for the country's currency.
( 20
min )
MACOM agreed to buy Wolfspeed's radio frequency for $125 million, in a move that the companies say could help MACOM boost its earnings and Wolfspeed better focus on its silicon carbide power device and material businesses.
( 17
min )
Your 529 plan withdrawals that aren’t used for qualified education expenses can be subject to tax and a 10% penalty. Here’s how to avoid that penalty.
( 25
min )
The rule of 72 is a mathematical shortcut used to predict when a population, investment, or other category will double in size for a given rate of growth.
( 20
min )
Lowe's, one of America's biggest home improvement retailers, said sales fell less than expected as robust spending online and by home professionals helped offset lower DIY discretionary demand.
( 17
min )
Although imperfect, these leading economic indicators can help investors predict and react to where the market is headed.
( 25
min )
While there are several kinds of personal loans that are easy to get approved for, these tend to be more costly than a traditional personal loan.
( 24
min )
Chinese e-commerce company Baidu reported revenue 15% higher, beating analysts' estimates, while its automated taxi service grew.
( 16
min )
Microsoft said it would transfer the cloud streaming rights of Activision's games to French rival Ubisoft to convince U.K. regulators to allow Microsoft's acquisition of Activision.
( 17
min )
The producer price index is a monthly measure of change in the prices received by domestic producers.
( 26
min )
The highest and lowest unemployment rates in the world vary dramatically, even among the world's largest economies, and low unemployment doesn't mean wealth.
( 25
min )
Retail sales tracks consumer demand for finished goods by measuring the purchases of durable and non-durable goods over a defined period of time.
( 25
min )
Form 1099-NEC is an Internal Revenue Service (IRS) form for businesses to report payments made to nonemployees, such as independent contractors.
( 21
min )
Core retail sales is an economic indicator of the strength of retail in the U.S. It excludes certain highly volatile categories such as gasoline.
( 22
min )
Microsoft submitted a new proposal to U.K. regulators for its stalled acquisition of Activision Blizzard, and Zoom shares rose after the video conferencing provider beat earnings projections on strength in its enterprise business. Here’s what investors need to know today.
( 19
min )
Cyclical unemployment and structural unemployment differ greatly. Here we describe how different types of unemployment impact workers and the economy.
( 36
min )
Learn about two competing economic theories of the role of money supply and whether money supply causes inflation in the economy.
( 23
min )
De Groningse economie is in de maanden april, mei en juni flink gekrompen. Dat komt door de afbouw van de gaswinning in de provincie.
( 3
min )
Na Vattenfall kondigt ook energiemaatschappij Essent lagere energietarieven voor klanten met een variabel energiecontract aan. Hoewel Essent minder vraagt voor stroom en gas, moedigt het bedrijf klanten nog wel aan zuinig aan te doen.
( 4
min )
Toezichthouder ACM gaat ervoor zorgen dat leveranciers van stadsverwarming geen torenhoge winsten kunnen maken. Dat moet voorkomen dat gebruikers van stadsverwarming te veel betalen voor hun energie.
( 3
min )
Big Bazar heeft ook verstek laten gaan bij een rechtszaak die is aangespannen door twee verhuurders in Drenthe. Dat gebeurde eerder ook al in Alkmaar. Toen zei de winkelketen dat het om een fout in de agenda ging.
( 4
min )
Schepen die door het Panamakanaal willen varen, moeten steeds langer wachten. Door de droogte en lage waterstanden in Panama is een grote opstopping ontstaan. De wachttijd voor schepen loopt flink op.
( 3
min )
Schiphol heeft in juli iets meer dan zes miljoen reizigers verwerkt. Het was voor het eerst sinds oktober 2019 dat het maandelijkse aantal reizigers boven de zes miljoen uitkwam. Wel zijn het er nog beduidend minder dan in juli 2019.
( 3
min )
Nederlandse particulieren pakten vorig kwartaal gemiddeld 3,2 procent rendement op hun beleggingen. Dan gaat het om investeringen in aandelen, obligaties en beleggingsfondsen.
( 3
min )
De top van het Britse bedrijfsleven zag zijn beloning vorig jaar met gemiddeld 600.000 euro stijgen naar 4,6 miljoen euro (3,9 miljoen pond). Ook de Nederlandse ex-Shell-topman Ben van Beurden boerde goed, met ongeveer 11 miljoen euro. De vergoedingen wekken irritatie bij veel Britten.
( 4
min )
Het Turkse boodschappenbezorgbedrijf Getir gaat reorganiseren. Dat betekent dat 2.500 medewerkers van het bedrijf hun baan verliezen. Dat is ongeveer 10 procent van het personeelsbestand.
( 3
min )
De top van het Britse bedrijfsleven zag zijn beloning vorig jaar met gemiddeld 600.000 euro stijgen naar 4,6 miljoen euro (3,9 miljoen pond). Ook de Nederlandse ex-Shell-topman Ben van Beurden boerde goed, met ongeveer 11 miljoen euro. De vergoedingen wekken irritatie bij veel Britten.
( 4
min )
Microsoft heeft nieuwe toezeggingen gedaan om gameontwikkelaar Activision Blizzard alsnog te mogen overnemen. De Britse toezichthouder CMA blokkeerde de deal in juni, omdat de softwaregigant anders mogelijk te machtig wordt op de markt voor online games.
( 4
min )
Nederlandse particulieren pakten vorig kwartaal gemiddeld 3,2 procent rendement op hun beleggingen. Dan gaat het om investeringen in aandelen, obligaties en beleggingsfondsen.
( 3
min )
De Verenigde Staten hebben 27 Chinese bedrijven en organisaties van de 'zwarte lijst' gehaald. Bedrijven op die lijst hebben beperkte toegang tot Amerikaanse technologie.
( 3
min )
Oekraïne wil de graanexport herstellen nu Rusland uit de graandeal is gestapt. Kiev is in gesprek met verzekeringsmaatschappijen die graanschepen in de Zwarte Zee kunnen dekken.
( 3
min )
Apple rolt dinsdag zijn nieuwe dienst Tap to Pay uit in Nederland. Daarmee kunnen winkeliers van hun iPhone een pinapparaat maken.
( 3
min )
The Charles Schwabe Corporation reported in an SEC filing Monday it plans to close or downsize some corporate offices and reduce its headcount to cut costs.
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min )
The action could lift shares of Kenvue, but Johnson & Johnson stock could come under pressure due to index selling.
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(Bloomberg) -- An exchange-traded fund that aimed to track CNBC anchor Jim Cramer’s stock picks is planning to shutter just five months after launching.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysNasdaq 100 Climbs 1% as Tech Powers Stock Rebound: Markets WrapCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnThe Long Cramer Tracker ETF (ticker LJIM) will stop trading Sept. 11, accor
( 31
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Charles Schwab is spending hundreds of millions to exit facilities and cut jobs.
( 10
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Facebook users in the U.S. have until Friday to apply for their share of a $725 million privacy settlement that parent company Meta agreed to pay last year.
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AMC Preferred Equity units, also known as APES, will no longer be traded on Aug. 25, and will instead be converted to common stock.
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States with many workers without retirement savings are likely to face a spike in senior poverty, researchers say.
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The yield on a 10-year government bond is at 4.34%, its highest level since 2007. The 30-year, at 4.445%, was at its highest level since 2011.
( 26
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Shares of chipmaker Nvidia were up Monday after HSBC analysts lifted the chipmaker’s price target on an increasing sales forecast for fiscal 2024.
( 31
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Carrier American Airlines struck a new four-year contract that immediately raises pay by 21% and adds additional benefits, including changes in scheduling.
( 27
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Grant Cardone, a renowned sales trainer, speaker and entrepreneur with an estimated net worth of $600 million, recently took to X, formerly Twitter, to raise a thought-provoking question: "Can someone explain to me how public servants (politicians) are becoming multimillionaires on $100,000 salaries?" While the message did not specify which public servants he was referring to, it is presumed that Cardone’s remarks were primarily aimed at members of the U.S. Congress. See more on startup investin
( 32
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Today's best CD rates are 5.75% APY from MapleMark Bank for 1 year, 5.65% APY from Dow Credit Union for 3 months, and 5.56% APY from TotalDirectBank.
( 21
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Who will end up acquiring U.S. Steel? One analyst thinks the road for a successful buyer runs, in part, through United Steelworkers.
( 10
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The yield on a 10-year government bond is at 4.34%, its highest level since 2007. The 30-year, at 4.445%, was at its highest level since 2011.
( 26
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At least four lawsuits have been filed against the utility in connection with the wildfires that devastated Maui.
( 27
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Everyone has their crystal ball out, trying to figure out where stocks are going. The market’s recent performance is no guide – stocks rose sharply through most of this year, but this August has seen several weeks of consecutive declines. Looking forward, both the bulls and bears can present solid arguments. Marko Kolanovic, J.P. Morgan’s Chief Global Market Strategist, sides with the latter, as he believes the market is on the verge of a downturn. Kolanovic notes that US households built up mor
( 35
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China is facing a “downward economic spiral” amid a mounting crisis in its debt-laden property sector, analysts have warned.
( 32
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American Airlines pilots have approved a new contract that will raise their pay about 41% over four years, their union said Monday. The Allied Pilots Association said that 73% of pilots who took part voted in favor of the four-year contract, which it valued at $9.6 billion. “This contract is a big first step toward restoring the wages, benefits, and work rules that were lost during the past two decades while our profession was under continuous assault," said union President Ed Sicher.
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With the late Steve Jobs and Steve Wozniak, Apple Inc.'s co-founders, dominating the tech world for decades, it’s easy to overlook the vital role played by a lesser-known figure: Mike Markkula. While Jobs and Wozniak captured the limelight, Markkula’s contributions to Apple's success were no less significant. From angel investor to CEO and chairman, Markkula’s journey with Apple showcased his belief in the power of personal computers. See more on startup investing from Benzinga: Until 2016 it wa
( 33
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(Bloomberg) -- The government has issued an eye-watering $1 trillion in Treasury bills since the debt-ceiling was suspended in early June. So far, the market hasn’t batted an eye.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Double Down on a Bet Gone BadCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnBig Tech Powers Stock Gains as Nasdaq 100 Rises 1%: Markets WrapFor all the concerns about whether the market wo
( 31
min )
AMC Preferred Equity units, also known as APES, will no longer be traded on Aug. 25, and will instead be converted to common stock.
( 26
min )
SentinelOne Inc, a cybersecurity company with a market value of $4.2 billion, has been exploring options that could include a sale, according to people familiar with the matter. It had benefited from a bonanza in technology spending during the COVID-19 pandemic, fueled by remote work, which fizzled as companies slashed their information technology budgets as the economy slowed. SentinelOne has hired investment bank Qatalyst Partners to advise on discussions with potential acquirers, including private equity firms, the sources said.
( 32
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Wall Street Journal Mark Vs. Elon: Meta's Threads Prepares To Counter Musk's X With Web Version Meta Platforms Inc (NASDAQ: META) is gearing up to launch a desktop version of its microblogging application, Threads. The anticipated web version seeks to address a significant request from its user base and comes as a notable upgrade to its rivalry against Elon Musk's X. After Meta's initial release of Threads in July, it witnessed a surge in popularity, but its momentum has noticeably slowed recent
( 35
min )
(Bloomberg) -- Nvidia Corp. shares climbed as much as 5.4% on Monday, as more analysts raised their price targets on the stock, a sign of growing optimism about the chipmaker’s highly anticipated results later this week.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Double Down on a Bet Gone BadCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnBond Slide Takes Wind Out of Stocks Amid Fed Angst: Markets WrapThe ave
( 32
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The U.S. housing market has been under pressure as a result of substantial interest rate hikes from the Federal Reserve. But that hasn't deterred legendary investor Warren Buffett from placing big bets in the sector. In its latest 13F filing with the Securities and Exchange Commission, Buffett's company Berkshire Hathaway Inc. (NYSE:BRK) disclosed new stakes in three U.S. homebuilders. Investors often pay close attention to Buffett's 13F filings because of his track record of generating consiste
( 33
min )
Shares of FedEx and Amazon are both falling after investors learn that Amazon has restarted a third-partly logistics offering.
( 26
min )
Germany’s “lacklustre” economy will likely stagnate again in the third quarter, the Bundesbank has said, as weak demand from abroad and high interest rates take their toll on Europe’s industrial powerhouse.
( 44
min )
(Bloomberg) -- The yield on 10-year inflation-protected Treasuries exceeded 2% for the first time since 2009, extending its ascent from year-to-date lows near 1%.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnThe benchmark rose as much as 6 basis points to 2%, before easing a
( 31
min )
Roark Capital is nearing a deal to buy sandwich chain Subway for about $9.6 billion, the Wall Street Journal reported on Monday.
( 29
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It has been a tough year for the stock prices of Covid-19 vaccine makers, but today is a different story.
Moderna shares are up 7% Monday, after a Biden administration official urged Americans to get booster shots for the disease this fall. Moderna [said in a release last week](https://investors.mo
( 22
min )
Coming off last year’s merciless bear market year, billionaire value investor David Einhorn managed to buck the trend and steer his hedge fund Greenlight Capital to its best performance in a decade. Now, Einhorn finds himself a bit worried about what might come next. “If we were ‘bearish’ until March and ‘neutral’ through June, we would now characterize ourselves as ‘worried,’” he recently said. “Should long-term interest rates rise, either due to the strong economy or due to supply/demand issue
( 34
min )
Johnson & Johnson investors who elected to participate in the swap will see just 23.8% of their shares converted into Kenvue stock
( 26
min )
The EV maker announced the sale of up to $325 million in convertible bonds. The initial tranche will bring in roughly $125 million to company coffers.
( 26
min )
The U.K.’s Competition and Markets Authority said the deal wouldn't substantially reduce competition in the supply of server hardware components.
( 27
min )
Analysts seem convinced that Nvidia earnings will wow Wall Street this week. Does it raise the risk of disappointment that could hit the whole stock market?
( 27
min )
The company has been in a dispute with a group of former board members.
( 10
min )
A decline in parcel volume and a combination of the Express and Ground units leaves the company with an excess of 700 pilots.
( 25
min )
For the rest of 2023, Baird analyst Ben Kallo has six "best ideas" for investors. Tesla is one of them.
( 27
min )
XPeng upgraded, Napco downgraded: Wall Street's top analyst calls
( 34
min )
I am 60 years old, married, with no mortgage. We also have $1.1 million in liquid cash and $880,000 in a 401(k). I will have two pensions, which have not started yet, and my wife will have one pension, all … Continue reading → The post Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Retire Now? appeared first on SmartAsset Blog.
( 34
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The poster child for 2023's artificial intelligence frenzy, Nvidia, reports earnings this week.
The stakes are high ahead of this week's earnings report—not just for Nvidia, but for the broader market. Many analysts have [turned bullish on the stock](https://www.wsj.com/finance/stocks/the-ai-trade-
( 22
min )
Johnson & Johnson investors who elected to participate in the swap will see just 23.8% of their shares converted into Kenvue stock
( 26
min )
Medical Properties Trust slashed its dividend on Monday, an acknowledgement that its previous payouts had become unsustainable.
The Birmingham, Ala.-based real estate investment trust, the nation’s largest hospital landlord, said it would cut its quarterly dividend per share to 15 cents from 29 cen
( 22
min )
The Food and Drug Administration approved 8-milligram doses of Eylea, a treatment for wet age-related macular degeneration.
( 27
min )
After weeks of historically low volatility, Bitcoin snapped back into action late last week with a dramatic selloff. More declines may be coming.
( 26
min )
The effect of politically motivated boycott calls on consumer companies may be overblown, research suggests.
( 27
min )
A Midland-based company that formed through a merger just under a year ago has agreed to pay $4.5 billion to acquire a Houston-area energy company that's been on an acquisition streak of its own.
( 12
min )
Permian Resources plans on increasing its quarterly dividend by 20% to 6 cents a share beginning in the first quarter of 2024.
( 26
min )
The EV maker announced the sale of up to $325 million in convertible bonds. The initial tranche will bring in roughly $125 million to company coffers.
( 26
min )
(Bloomberg) -- A former Deutsche Bank AG trader is rapidly amassing enough wealth in the fallout from volatile interest rates and inflation to rival some of the richest billionaires in finance.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnAlex Gerko’s fortune has surged to $
( 32
min )
(Bloomberg) -- Nikola Corp. fell in early trading after the maker of electric big rigs warned it may not reach its full-year delivery target as it grapples with fallout from recent battery incidents.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnThe company also said in a reg
( 31
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Employees who don't comply with the new rules could face termination or see their performance reviews impacted.
( 33
min )
The U.K.’s Competition and Markets Authority said the deal wouldn't substantially reduce competition in the supply of server hardware components.
( 27
min )
Analysts seem convinced that Nvidia earnings will wow Wall Street this week. Does it raise the risk of disappointment that could hit the whole stock market?
( 27
min )
Investing.com -- Shares in Johnson&Johnson (NYSE:JNJ) slipped on Monday after the American healthcare giant said it will retain about a 9.5% stake in its consumer health carve-out Kenvue (NYSE:KVUE) following a share exchange offer.
( 31
min )
BofA Securities analyst Ming Hsun Lee upgraded XPeng stock to Buy from Hold, raising his price target to $22 from $16.30.
( 26
min )
Permian Resources said on Monday it would buy Earthstone Energy in an all-stock transaction valued at about $4.5 billion, including debt. The deal would strengthen Permian Resources' position as a leading Delaware Basin independent producer with pro forma production of about 300,000 barrels of oil equivalent per day (boepd). Delaware Basin, a part of the wider Permian Basin, is a prime target for producers looking to increase their inventory.
( 30
min )
Amid record profits, workers want to roll back concessions made to auto industry after the 2008 economic recession
( 35
min )
The Fed's interest rate hikes have driven money market fund yields to their highest level in decades with balances at a record high as investors look to beat inflation.
( 32
min )
In a reality check for natural-gas producers, volatile prices are prompting European homes and factories to go green faster than expected.
( 25
min )
Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday. Nvidia shares have nearly tripled in value this year, swelling the company's market valuation by more than $700 billion and making it the first trillion-dollar chip firm. The blistering rally in its shares means that Nvidia has little room for any earnings-related disappointment and anything other than a higher-than-expected forecast could trigger a rout in its stock, some analysts have warned.
( 32
min )
The People’s Bank of China reduced its one-year loan prime rate by 0.1 percentage point to 3.45% while the five-year rate was kept unchanged at 4.2%, disappointing investors.
( 26
min )
Fresh evidence of a robust U.S. economy last week yet again stoked expectations that the Federal Reserve could keep rates higher for longer, driving 10-year Treasury yield to its highest level since October. Investors are now keenly waiting for comments from Fed Chair Jerome Powell on Friday at a meeting of central bankers at Jackson Hole in Wyoming that begins on Aug. 24.
( 32
min )
(Bloomberg) -- Two of Wall Street’s top strategists are at odds about the outlook for US stocks following a three-week run of declines as debate rages over whether the economy can avoid a recession.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnWhile Morgan Stanley’s Michael
( 32
min )
After weeks of historically low volatility, Bitcoin snapped back into action late last week with a dramatic selloff. More declines may be coming.
( 26
min )
China's major state-owned banks were seen actively mopping up offshore yuan liquidity on Monday, three people with knowledge of the matter said, a move that raised the cost of shorting the Chinese currency. State banks often act as agents for China's central bank in the offshore foreign exchange market, but they could also trade on their own behalf or execute their clients' orders. Tightening up offshore yuan liquidity could also act to stabilise the yuan, said one of the sources.
( 30
min )
Surging loan delinquencies signal that many consumers can’t afford their auto loans.
( 27
min )
Tech stocks are powering the bull market, but AI-powered exchange-traded funds are lagging behind.
( 26
min )
(Bloomberg) -- Oil rose for a third day as signs the physical market is tightening and a stall in the dollar’s rally offset growing demand risks in China and the US.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionGlobal benchmark Brent traded above $85 a barrel, and is up more t
( 31
min )
↗️ Palo Alto Networks (PANW): Shares rose more than 12% in premarket trading after the cybersecurity firm's earnings beat analysts' estimates. The unusually timed Friday-night release [had Wall Street worried](https://www.wsj.com/articles/cybersecur
( 21
min )
Full-time in-office work is going the way of the dinosaurs. Now the choice is between hybrid and fully remote work, the survivors in the new world of work.
( 35
min )
Palo Alto Networks reassured analysts with its earnings report after a brief panic over its unusual timing. It's a relief for cybersecurity peers CrowdStrike and Zscaler.
( 27
min )
(Bloomberg) -- Chinese stocks extended losses as mainland banks surprisingly kept a key interest rate that’s linked to mortgages on hold, in a move that sent mixed messages on the country’s commitment to support the embattled property sector. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Priced at Over
( 32
min )
Palo Alto Networks' fiscal fourth-quarter earnings top analysts' expectations, a report says Meta Platforms is expected this week to launch of desktop version of its microblogging app Threads, Zoom Video reports earnings after the close of trading Monday, and Nvidia reports later in the week.
( 27
min )
(Bloomberg) -- Adyen NV’s most skeptical analyst isn’t allowing others to wrestle away his position as the most bearish on the Street.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionCitigroup Inc.’s Pavan Daswani, who had the lowest price target ahead of last week’s share-price
( 31
min )
(Bloomberg) -- Chinese banks made a smaller-than-expected cut to their benchmark lending rate on Monday and avoided trimming the reference rate for mortgages, despite the central bank putting pressure on lenders to boost loans. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundAl
( 31
min )
(Bloomberg) -- Chinese stocks will settle in a lower trading range than previously expected until Beijing introduces more forceful policy responses to address the contagion risk from a property slump, according to Goldman Sachs Group Inc.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes
( 32
min )
Investing.com -- Shares in Napco Security Technologies Inc (NASDAQ:NSSC) shed over a third of their value in premarket U.S. trading Monday after the high-tech electronic security equipment manufacturer said it would revise its financial statements over the first three quarters of its 2023 fiscal year.
( 31
min )
(Bloomberg) -- Some of Country Garden Holdings Co.’s bondholders are demanding full repayment of a local bond due early next month, after the embattled Chinese property developer proposed a three-year extension for the yuan-denominated note.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Priced at Over $
( 31
min )
Asian stocks were mixed Monday as traders looked ahead to the Federal Reserve’s summer conference for signs of whether the U.S. central bank thinks inflation is under control or more interest rate hikes are needed to cool inflation. Wall Street’s benchmark S&P 500 index edged down 0.1% on Friday to end the week lower ahead of the Jackson Hole, Wyoming, conference. Fed officials have used the event in previous year's to indicate changes in policy direction.
( 33
min )
The MSCI All Country World Index is down nearly 6% from its recent highs, though still up 10% for the year. One key worry for investors is a surge in bond yields that has come as signs of stronger-than-expected growth in parts of the global economy fuel bets on central banks leaving interest rates at current levels for longer than expected. Meanwhile, U.S. real yields, which show what investors can expect to earn on government bonds after adjusting for inflation, stand near their highest point since 2009.
( 33
min )
The Federal Reserve’s interest-rate hikes and recent bank failures mean lenders aren’t competing so fiercely for jumbo loans.
( 27
min )
(Bloomberg) -- The dollar inched lower versus most of its major counterparts while Asian equity futures pointed to a cautious open to trading. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundBruised Stocks Face Week Full of Tests, From Nvidia to PowellInvestors will be focused
( 32
min )
(Bloomberg) -- Some of China’s largest mutual fund houses have promised to buy their own equity-focused products, heeding calls from authorities to bolster the market as a selloff continues.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundE-Fund Management Co. and China Asset Ma
( 31
min )
Shares of many Chinese property developers fell as investor sentiment took a hit after the country’s central bank kept its mortgage rate unchanged, exacerbating concerns over problems in the country’s property sector.
( 25
min )
(Bloomberg) -- Three years of trade curbs have gutted Australia’s exports to China across a bunch of commodities, from luxury items like lobster to vital fuels like coal.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundBeijing imposed a variety of restrictions in 2020, from tari
( 34
min )
(Bloomberg) -- Investors betting on an extension of Baidu Inc.’s market-beating rally may be due for a reality check as concerns about the sluggish Chinese economy and setbacks from a key segment of its business deepen. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundAlas, Trum
( 33
min )
China cut its one-year benchmark lending rate on Monday, as expected, as authorities seek to ramp up efforts to stimulate credit demand, but surprised markets by keeping the five-year rate unchanged. The one-year loan prime rate (LPR) was lowered by 10 basis points to 3.45% from 3.55% previously, while the five-year LPR was left at 4.20%. Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages.
( 30
min )
Bitcoin edged up on Monday morning in Asia to trade above US$26,000, after sliding over 10% for the week. Ether also moved higher but remained below US$1,700.
( 33
min )
Yellow Trucking company filed for chapter 11 bankruptcy in early August and now companies are beginning to bid for the company's assets, which include 160 trucking terminals.
( 31
min )
Jordan Company could announce the deal as soon as this week, the report said, adding that no final decision has been made and that talks could still fall apart. Lone Star and Platinum Equity were the other bidders for the assets, Bloomberg News had reported earlier in the month. DuPont had earlier this month raised its 2023 sales forecast betting on demand picking up for its materials used to make a wide range of products including automotive components and semiconductors.
( 31
min )
(Bloomberg) -- Taiwan’s biggest financial conglomerate has cut back on its exposure to China as it braces for any deeper fallout from the property crisis in the world’s second-largest economy.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundFubon Financial Holding, which operate
( 33
min )
(Bloomberg) -- If they’d been offered today’s economy a year ago – with inflation downgraded from emergency to mere headache, still-low unemployment, and growth that’s slowed without stalling – the world’s top central bankers would’ve taken it like a shot.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk
( 33
min )
Life insurance can provide peace of mind, but only if you buy the right type of policy and amount of coverage. Here's how.
( 26
min )
The Darla Moore School of Business is the business school of the University of South Carolina.
( 19
min )
The S&P 500 posted a 0.7% gain to start the trading week on Monday, Aug. 21, 2023, boosted by strong performance from technology stocks.
( 16
min )
Permian Resources announced a $4.5 billion deal for rival driller Earthstone that it said will improve its position in the Delaware basin and accelerate shareholder returns.
( 17
min )
Find out some of the lower-risk ways to invest in foreign markets.
( 20
min )
It is possible for an insurer to cancel your policy after an accident but unlikely, unless you are a high-risk driver.
( 20
min )
Block Height indicates the overall length of a blockchain.
( 19
min )
A growing number of business economists believe the U.S. economy can avoid a long-predicted recession.
( 18
min )
Shares of COVID-19 vaccine makers including Moderna and Novavax surged on Monday after a report that the Biden administration plans to urge Americans to get booster shots for the fall, as new subvariants emerge and cases rise.
( 17
min )
You could suspend your mortgage payments for up to 360 days under federal law if your income was affected by COVID-19. There's still some help available.
( 28
min )
Today's best CD rates are 5.75% APY from MapleMark Bank for 1 year, 5.65% APY from Dow Credit Union for 3 months, and 5.56% APY from TotalDirectBank.
( 19
min )
The lowest annual salary workers are willing to accept on average is the highest it's ever been.
( 17
min )
Today’s soaring home prices and mortgage rates mean the typical household falls short of the income needed to buy the median-priced home by more than $20,000 a year.
( 17
min )
Shares of Palo Alto Networks rallied after the company beat expectations for earnings on strong demand for the firm's cybersecurity services.
( 17
min )
Important aspects of a capitalist system include private property, private control of the factors of production, accumulation of capital, and competition.
( 25
min )
The term "brick-and-mortar" refers to a traditional business that offers its products and services to its customers in an office or store, as opposed to an online-only business.
( 23
min )
Dan Ives, Senior Equity Analyst for Wedbush Securities and one of the industry's top analysts, takes stake of the recent selloff in tech stocks, and paints a picture of the AI future for companies including Apple, Tesla, Palantir and GM.
( 19
min )
A grandfather clause is an exemption that allows people or entities to continue with activities that were approved before the implementation of new rules or laws.
( 22
min )
Discover how online retailers can list certain expenses as a cost of goods sold (COGS) and even claim a tax deduction for them.
( 22
min )
A press release is a newsworthy or informational article usually issued by a firm’s public relations department.
( 22
min )
Purchasing power parity (PPP) compares economic growth and standards of living in different countries with a common currency/basket of goods approach.
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min )
Understand the meaning of capital expenditures (CapEx) and find out the implications for companies resulting from relevant tax laws.
( 22
min )
"Mom-and-pop" is a colloquial term used to describe a small, family-owned or independent business. These types of operations often struggle to compete with more substantial establishments.
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min )
The Small Business Administration (SBA) is a U.S. government agency established to promote and strengthen the overall economy by assisting small businesses.
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min )
The IRS has extended various tax deadlines for residents of Maui and Hawaii Counties, which were ravaged by wildfires last week.
( 18
min )
U.S. equity markets were mixed in midday trading on Monday, Aug. 21, 2023 as tech stocks surged and Treasury yields rose.
( 16
min )
Depending on how it's measured, the unemployment rate is open to interpretation. Learn how to find the real rate and how it affects everyone.
( 27
min )
Shares in Napco lost 40% of their value after the company said its first three quarters would be restated after errors.
( 17
min )
Proof of Capacity is a consensus mechanism that uses a mining node’s hard drive space to decide the mining rights on the blockchain network.
( 20
min )
Materials manufacturer DuPont de Nemours Inc. (DD) has agreed to sell its 80.1% controlling stake in Delrin to private equity firm The Jordan Company in a deal valued at $1.8 billion.
( 17
min )
The U.K.'s Competition and Markets Authority gave the green light for Broadcom's $69 billion purchase of VMware.
( 17
min )
The companies may need regulatory approvals before making the purchase official
( 16
min )
A web version of Threads, Meta Platforms' chat-based social media app linked to Instagram, could launch as soon as this week, as executives aim to boost user engagement and signups.
( 17
min )
A hashed timelock contract (HTLC) is a smart contract used in cryptocurrencies to configure time-bound contracts.
( 21
min )
The public largely believes the Federal Reserve is responsible for how much inflation has cooled down over the past years—and that could be music to the ears of policymakers.
( 18
min )
An incentive stock option (ISO) is an employee benefit that gives the right to buy stock at a discount with a tax break on any potential profit.
( 22
min )
A line chart connects a series of data points with a line and is used by traders to monitor closing prices.
( 22
min )
A Renewable Energy Certificate is proof of the production of one megawatt-hour (MWh) of electricity generated from a renewable energy resource.
( 19
min )
Operating income and EBITDA are both important numbers when analyzing a company's earnings. However, they are different measures of profitability.
( 20
min )
Embezzlement is a form of fraud wherein a person or entity intentionally misappropriates assets for personal use.
( 24
min )
So you want to be a venture capitalist? Learn what it takes, where to start, and what kind of attitude you will need to take on the world of venture capitalism.
( 26
min )
Cost of goods sold and cost of sales both represent direct costs involved in production. However, some companies use one term rather than the other.
( 18
min )
Guaranteed life insurance doesn't require a medical exam or other health information, but it's more expensive than other kinds of insurance.
( 21
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De prijs van een koophuis was in juli gemiddeld 0,5 procent hoger dan een maand eerder. Ook in juni was al sprake van een kleine stijging. De maanden daarvoor zakten de huizenprijzen juist iets. Dat blijkt uit cijfers van statistiekbureau CBS en het Kadaster.
( 4
min )
De iconische uitspraken "It's-a me, Mario" en "Mamma mia" in Super Mario zullen binnenkort wellicht anders klinken. De stem achter Mario, Charles Martinet, houdt er namelijk mee op.
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min )
Wie zijn fatbike wil verzekeren, kan vanaf volgende maand niet meer bij de ANWB terecht. De bond stopt op 6 september voorlopig met het aanbieden van verzekeringen, omdat de elektrische fietsen met dikke banden aan de lopende band worden gestolen.
( 3
min )
Wie naar een woning een paar straten verderop verhuist, kan zomaar honderden euro's extra kwijt zijn aan een autoverzekering. Dat blijkt uit onderzoek van vergelijkingssite Geld.nl.
( 3
min )
Beleggers willen nog steeds van hun Adyen-aandelen af. Op de Amsterdamse beurs zakte de koers maandagochtend zo'n 5,5 procent, nadat Adyen donderdag en vrijdag ook al flink minder waard was geworden.
( 3
min )
De prijs voor aardgas is maandagochtend hard opgelopen. Handelaren moesten op een bepaald moment zelfs 18 procent meer betalen voor een megawattuur. Oorzaak hiervan zijn mogelijke stakingen bij productielocaties in Australië.
( 3
min )
Vattenfall verlaagt per 1 oktober de energietarieven voor een deel van zijn klanten. Dit komt doordat het bedrijf zijn stroom en gas zelf goedkoper kan inkopen. Huishoudens gaan er volgens de leverancier gemiddeld zo'n 95 euro per jaar op vooruit.
( 4
min )
De Chinese centrale bank heeft voor de derde keer in drie maanden de rente verlaagd. Peking hoopt dat Chinezen daardoor hun geld weer laten rollen en ook dat bedrijven meer gaan investeren. Dit moet de zwakke economie op de rails krijgen.
( 3
min )
Het communicatienetwerk C2000 van de politie kampt met zoveel problemen, dat er vroeg of laat slachtoffers gaan vallen. Daarvoor waarschuwt een klokkenluider. Politieagenten op straat kunnen in crisissituaties niet op het netwerk vertrouwen.
( 12
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Het communicatienetwerk C2000 van de politie kampt met zoveel problemen, dat er vroeg of laat slachtoffers gaan vallen. Daarvoor waarschuwt een klokkenluider. Politieagenten op straat kunnen in crisissituaties niet op het netwerk vertrouwen.
( 11
min )
Het communicatienetwerk C2000 van de politie kampt met zoveel problemen, dat er vroeg of laat slachtoffers gaan vallen. Daarvoor waarschuwt een klokkenluider. Politieagenten op straat kunnen in crisissituaties niet op het netwerk vertrouwen.
( 11
min )
SR-22 'insurance' is a certificate your state may require if your driver's license has been suspended or revoked and you want to get it reinstated.
( 22
min )
Learn about economies of scope and economies of scale, the differences between them, and how they offer cost advantages to companies.
( 24
min )
Corporate bonds can provide compelling returns even in low-yield times. But they are not without risks.
( 21
min )
Some economists theorize that the crowding-out effect negates the multiplier effect induced by government stimulus spending. Learn more about how this happens.
( 21
min )
LIBOR is a crucial benchmark reference rate with global economic impact.
( 21
min )
Liberalization of countries in emerging markets provides new opportunities for investors to increase their diversification and profit.
( 21
min )
Learn about the origins of the law of supply and demand, an important economic principle that's centuries old but still affects today's economy.
( 22
min )
Public infrastructure spending is a popular policy tool intended to boost the economy, but it may only be effective in certain circumstances. Learn when it works.
( 27
min )
From unemployment and inflation to government policy, learn what macroeconomics measures and how it affects everyone.
( 26
min )
In finance, the acronym "FANG" refers to the stocks of four technology companies: Facebook (META), Amazon (AMZN), Netflix (NFLX), and Google (GOOG).
( 22
min )
The American Land Title Association is a trade association representing the title insurance industry, seeking to improve industry oversight.
( 19
min )
Collision insurance is auto coverage that reimburses the insured for damage sustained to their personal automobile, due to the fault of the insured driver.
( 17
min )
A media kit is a package of information a company assembles to provide reporters or other interested parties with basic information about itself.
( 21
min )
Darknet markets, or cryptomarkets, are sites on the dark web offering illicit goods that can be purchased anonymously.
( 19
min )
Here are the differences between two of the largest mutual fund families, American Funds and The Vanguard Group, and how their returns match up.
( 23
min )
An irrevocable beneficiary has guaranteed rights to assets in an insurance policy or a segregated fund.
( 23
min )
Find out which developed-market ETFs manage the greatest asset base, and why major U.S. equity-only funds are not included in the calculation.
( 19
min )
On the Nasdaq, the delisting process is set in motion when a company trades for 30 consecutive business days below the minimum bid price or market cap.
( 25
min )
Credit cards are a source of stress as balances creep up for nearly three in four (73%) consumers.
( 18
min )
The recent rising prices of online streaming entertainment services may render them equal to–or less affordable than–traditional cable or satellite packages.
( 18
min )
Beyoncé's Renaissance World Tour could make Beyoncé the highest-grossing female artist of all time. Here is how she makes her millions.
( 21
min )
Yearly renewable term plan of reinsurance transfers mortality risk from an insurer to a reinsurer through a process of cession.
( 20
min )
Negative cash flow from investing activities could be a warning sign or a sign of future growth. Here's how to tell which it is.
( 22
min )
Homeowners have many options when it comes to insurance and it's best to obtain multiple quotes on homeowners insurance before securing a new policy.
( 21
min )
Sovereign default is the failure of a government to repay its country's debts. Foreign lenders have little chance of recouping their money when a nation defaults.
( 27
min )
Sometimes identifying the best stocks to buy can be difficult, but you could do a lot worse than checking out the stocks selected by one of the world’s savviest hedge fund managers – Warren Buffett. Buffett’s stock picks are a popular source of inspiration for investors, and for good reason. His formidable stock-picking ability has given him the nickname ‘the Oracle of Omaha’ and a fortune of ~$117 billion, making him one of the richest people in the world. His firm, Berkshire Hathaway, is also
( 35
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The People's Bank of China is expected to cut interest rates on Monday, but it may have to throw caution to the wind and 'go big' if it is to soothe the nervousness and concern around China currently sweeping through financial markets. The Chinese central bank's policy decision is one of three in Asia for investors to take in this week, with the Bank of Korea and Bank Indonesia both expected to keep interest rates on hold on Thursday.
( 31
min )
Affordability was a topic of conversation even before the pandemic, but buying a house back then looks downright pleasant in hindsight.
( 27
min )
(Bloomberg) -- For years, cryptocurrency startups have tried to replicate parts of the US stock market on the blockchain for use by digital-asset investors around the world, often without worrying too much about getting approval from regulators first. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Price
( 32
min )
Separating the financial haves from the have-nots is often more about getting these basics right, according to a McKinsey & Co. report.
( 32
min )
The Federal Reserve's Jackson Hole Economic Policy Symposium begins on Thursday. Plus, earnings from Lowe's, Nvidia, Dollar Tree, Intuit, and Ulta Beauty.
( 27
min )
Buying has become more expensive than renting for the first time in 13 years for would-be homeowners.
( 31
min )
(Bloomberg) -- Convinced a recession in the US was near, some of the world’s most prominent money managers loaded up on government bonds this year in a bold bet that would atone for the punishing losses suffered in 2022. Most Read from BloombergChina Urges More Loans, Debt Risk Reduction as Woes CompoundRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionRussia’s Luna-25 Lander Fails to Enter Pre-Landing Orbit of MoonUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksA
( 34
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Here are the differences between two of the largest mutual fund families, American Funds and The Vanguard Group, and how their returns match up.
( 23
min )
A judge has ordered Starbucks to pay an additional $2.7 million to a former regional manager earlier awarded more than $25 million after she alleged she that and other white employees were unfairly punished after the high-profile arrests of two Black men at a Philadelphia location in 2018. In June, Shannon Phillips won $600,000 in compensatory damages and $25 million in punitive damages after a jury in New Jersey found that race was a determinative factor in Phillips’ firing, in violation of federal and state anti-discrimination laws. The Philadelphia Inquirer reports that U.S. District Judge Joel Slomsky on Wednesday also ordered Starbucks to pay Phillips another $2.73 million in lost compensation and tax damages, according to court documents.
( 32
min )
Old Dominion Freight Line’s proposal outbids rival Estes Express, stepping up the competition for a network of 169 terminals.
( 27
min )
We are a dual-income couple in our mid-50s with over $2 million in our 401(k)s. Should we "sacrifice" the pre-tax benefit and switch to Roth contributions at work? -Wendy Like most tax-related questions, the answer is "it depends." Based on … Continue reading → The post Ask an Advisor: We're in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions? appeared first on SmartAsset Blog.
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Conventional wisdom dictates that a US recession is imminent, either during the second half of this year or the first half of the next. But just how much should we credit that? While there are economic headwinds in play, we should also remember that the pace of inflation is easing, unemployment remains low, and the second quarter earnings season showed a high proportion of surprises to the upside. If it’s not a completely rosy picture, it’s far from doom and gloom. And in the eyes of Goldman Sac
( 35
min )
Chris Miller shares how he saved enough money to retire early and his best advice for those looking to do the same.
( 33
min )
(Bloomberg) -- Equity traders reeling from the market’s worst stretch since February face some pivotal events in the days ahead, and a closely watched speech by Federal Reserve Chair Jerome Powell may not even be the biggest test of all.Most Read from BloombergRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksRussia’s Luna-25 Lander Fails to Enter Pre-Landing
( 33
min )
“If I wanted to work long hours, I’d be at a startup,” the twenty-something says.
( 35
min )
Generation Investment, chaired by former Vice President Al Gore, bought Applied Materials stock, and sold Salesforce, Mastercard, and Schwab stock in the second quarter.
( 27
min )
The chip maker’s rosy forecast lifted markets in a turbulent time—but the bar to dazzle investors is higher now.
( 27
min )
Energy stocks are up big recently. In July alone, the Energy Select Sector SPDR Fund (XLE) gained 7.8%.
( 32
min )
Adobe, Inc. (ADBE) shares have jumped 51% in 2023. This uptrend is being powered by mega appetite for the stock.
( 31
min )
California regulators have made investing in solar power less attractive. But if you're the typical energy user, it still makes long-term financial sense to do so.
( 41
min )
Higher productivity and increased deficits could raise the ‘neutral’ rate of interest, limiting Fed cuts.
( 26
min )
Bond investors say the summer selloff in U.S. Treasury debt is providing the best buying opportunity in years.
( 34
min )
‘Big Short’ hero Michael Burry sees disaster and—eventually—he’ll get it right again.
( 25
min )
Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: VinFast makes a splash in its market debut; Tesla cuts prices in China; and Mullen continues to fight delisting.
( 33
min )
Affordability was a topic of conversation even before the pandemic, but buying a house back then looks downright pleasant in hindsight.
( 27
min )
The latest reading, 5.8%, set off alarm bells in some quarters. But the model estimate is likely to be revised sharply lower as new data are reported.
( 26
min )
Mitra Chem has landed a heavy hitting partner as it tries to get its tech in more electric vehicles.
( 13
min )
The opening will test a new format that the Swedish furniture company is rolling out globally—a pared-back store aimed at casual shoppers and office workers.
( 22
min )
(Bloomberg) -- At any other time in history, the current state of the global diesel market would have sent some countries into a panic. Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBiden’s Top Lawyer to Depart White House as Probes Ramp UpBiden Wants to Sell His Economic Plan to Voters. He Faces One Big ProblemBama Rush Has Students Showcasing $20,000 Outfits on TikTokAll over the world, pric
( 33
min )
Dynasty trusts can shield wealth before the Trump tax cuts expire.
( 21
min )
As companies are shifting their sourcing and logistics networks, it is changing the way transportation providers will have to manage their own businesses. The post Border town boom is realigning the freight market appeared first on FreightWaves.
( 32
min )
Bedrijven in de industrie kregen in het tweede kwartaal een stevige omzetdaling voor de kiezen. De inkomsten daalden gemiddeld met 7,5 procent, de grootste daling sinds coronajaar 2020. Dat meldt statistiekbureau CBS.
( 3
min )
Britse politieagenten kunnen voortaan tijdens het werk een gratis kop koffie halen bij winkelketens John Lewis en Waitrose. Zo hopen de ketens politie richting winkels te lokken en winkeldieven af te schrikken. De agenten moeten wel herbruikbare bekers meenemen.
( 3
min )
De mobiele app van supermarktketen Albert Heijn werkt weer. Eerder op zondag hadden appgebruikers last van een storing, waardoor de Bonuskaart niet goed functioneerde. Die storing is inmiddels voorbij.
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min )
Klanten van Albert Heijn kunnen last hebben van een technische storing in de mobiele app van de supermarktketen. Een aantal functies werkt daardoor niet, zegt een woordvoerder van Albert Heijn.
( 3
min )
De Italiaanse nationale spoorwegmaatschappij FS wil de concurrentiestrijd aangaan op het Europese spoor. Het spoorbedrijf wil ook trajecten uitzetten richting Amsterdam.
( 3
min )
De persoonsgegevens van bijna 76.000 medewerkers van de elektrische autofabrikant Tesla zijn gelekt naar de Duitse zakenkrant Handelsblatt.
( 3
min )
Corporate reimbursement coverage protects a company against losses resulting from legal action against its directors and officers.
( 19
min )
Cryptographic hash functions combine message-passing capabilities with security properties. It is used in many applications, from database security to cryptocurrency.
( 21
min )
Bank-owned life insurance (BOLI) is bought by banks as a tax shelter, leveraging tax-free savings provisions to fund employee benefits.
( 24
min )
A surplus share treaty is reinsurance in which the ceding insurer retains a fixed amount of liability and the reinsurer takes the remaining liability.
( 19
min )
Here's a look at some of the positive and negative aspects of national lotteries.
( 25
min )
The student loan system is in desperate need of reform as graduates struggle to find work and pay off their student loans. Learn about changes that can help.
( 24
min )
Learn about the elements of the capital asset pricing model, and discover how to calculate a company's cost of equity financing with this formula.
( 21
min )
Lenders charge borrowers a commitment fee as compensation for keeping a line of credit open or to guarantee a loan at a specific date in the future.
( 20
min )
Traders rejoice when the Fed drops the rate, but is it good news for all? Find out here.
( 24
min )
A bank reconciliation statement summarizes banking activity, allowing individuals and companies to compare their own records with the bank’s records.
( 26
min )
This rate is rarely questioned—unless the economy falls into disarray.
( 22
min )
Some businesses are slowing capital expenditures and pulling back on taking out credit as a result of the Federal Reserve's cycle of rate hikes—showing all may be going according to policymakers' plans to slow inflation.
( 17
min )
The real GDP number is adjusted to remove the effects of inflation, so it is a more accurate gauge of the nation's real output of goods and services.
( 24
min )
Learn more about passive, quasi-passive, immunization, and active bond strategies and how you can put them to work for your portfolio.
( 24
min )
Find out how price inelasticity of demand shows the relationship between demand and price when the price of an inelastic good is either lowered or raised.
( 23
min )
China has long had an outsized impact on global growth - but with its economy sputtering, its problems could become everyone else's problems.
( 33
min )
(Bloomberg) -- The highest long-term Treasury yields in years are headed for a major hearing next week as investors place their bids for two risky auctions — right before the Federal Reserve’s potentially game-changing annual gathering at Jackson Hole.Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBiden’s Top Lawyer to Depart White House as Probes Ramp UpCohn and Summers Talk Trump, China and M
( 32
min )
One of the most challenging parts of investing is deciding what to do when the companies you own are doing well but the share prices reflect a different scenario. Wall Street is often forward looking, so it's quick to react to news that will affect companies six or more months down the road. This has been evident the last few days for real estate investment trusts (REITs), as the Federal Reserve continues to talk tough on inflation and traders wonder what the effects will be on commercial proper
( 35
min )
Cuban balked at Uber’s cofounder valuing the startup at $10 million.
( 32
min )
Lawsuit accuses website of deception as it allows travelers to book typically cheaper connecting flight and get off after first leg
( 31
min )
A court filing shows that Old Dominion swooped in at the last minute, entering a base bid of $1.5 billion for now-defunct Yellow’s terminals. The post Old Dominion ups ante with $1.5B bid on Yellow’s terminals appeared first on FreightWaves.
( 31
min )
Here is your Pro Recap of 5 head-turning deal dispatches you may have missed last week: ArcelorMittal considers acquiring US Steel, Intel and Tower Semiconductor terminate the acquisition, Arena Group announces strategic expansion with Bridge Media Networks, and merger deals at Energy Transfer and Crestwood Equity, and Ball’s aerospace business and BAE Systems. InvestingPro subscribers got this news first.
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min )
Short-term Treasury bills, which yield more than 5.4%, still look like an investor’s better income bet.
( 27
min )
With the company’s market value having plunged nearly $300 billion since its July 2021 peak, CEO Dan Schulman is relinquishing the reins after nine years.
( 29
min )
We gained additional income and didn't withhold enough on our Form W-4. We are currently not putting money into a retirement account but have access to a 401(k) through our employer. Would we be able to correct our withholding deficit … Continue reading → The post Ask An Advisor: What Midyear Moves Will Cut Our Tax Bill? appeared first on SmartAsset Blog.
( 33
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As a financial advisor, you may dedicate a lot of your time to helping clients create a workable retirement plan. However, it's also important to consider what your personal exit strategy might look like once you're ready to retire. Succession … Continue reading → The post Succession Planning Tips for Financial Advisors appeared first on SmartAsset Blog.
( 34
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Entrepreneur Roberto Colaninno, chairman and CEO of scooter maker Piaggio and one of Italy's best-known dealmakers, has died, his investment company IMMSI said on Saturday. Colaninno was a central figure in the country's industrial landscape who managed to turn around a number of failing companies, but also left a mixed corporate legacy. He is most famous for his surprise $58 billion leveraged buyout of Telecom Italia in 1999, at the time the world's largest hostile takeover.
( 32
min )
In the past two years, those receiving Social Security have seen large cost-of-living adjustments that can help. Many wonder what's next in 2024?
( 35
min )
Yields are close to their highest level in years. Investors can bolster portfolios with bonds with the potential for both high income and capital gains.
( 26
min )
For the first time in years, investors are earning robust returns on cash.
( 27
min )
The Danish self-starter convinced her McKinsey colleagues to toss in the towel on their consultancy careers and launch a business together in 2007. Now she’s the CEO of the fastest-growing sustainable food app.
( 34
min )
(Bloomberg) -- At the start, the job looked like a well-paid role in finance. It ended with a $10,000-a-month drug habit and a cell in a German prison.Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsJeremy Grantham Says Fed Is Kidding Itself on Avoiding a RecessionBig Tech Logs Year’s Longest Weekly Losing Streak: Markets WrapThat’s the sto
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Learn more about passive, quasi-passive, immunization, and active bond strategies and how you can put them to work for your portfolio.
( 24
min )
The S&P 500 and Nasdaq Composite both notched their third consecutive week of declines.
( 31
min )
Millions of shoppers agree: It’s OK to eat supermarket sushi. At U.S. retailers, sales are up over 70% in the past year.
( 21
min )
James Bouchard grew up around steel and deal making; ‘We have the cash,’ he says of his $7.8 billion surprise bid.
( 29
min )
(Bloomberg) -- From the financial crisis to Russia’s invasion of Ukraine, Britain has borrowed and spent its way out of every jam. The bill for that is becoming a worry all its own. Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksMercedes-Benz Unveils the New Generation of Its Brawny AMG GT Sports CarRussia’s Luna-25 Lander Fails to Enter Pre-Landing Orbit of MoonVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkRolls-Royce Debuts Droptail Road
( 34
min )
The Arizona layoffs at CVS come after the health giant announced plans to cut 5,000 corporate jobs across the company. #phoenix $CVS
( 11
min )
Nederland huisvest een van de grootste internetknooppunten ter wereld en is een draaischijf in de digitale wereldeconomie. We zijn daardoor een goede vestigingslocatie voor internetbedrijven met hun datacenters. Die koppositie kost veel energie, maar volgens de datacenters is dat gelukkig meestal groene.
( 4
min )
Het Russische besluit om weg te lopen bij onderhandelingen over de graandeal raakt de Oekraïense economie. In de eerste maand na het klappen van de deal exporteerde het land een derde minder graan.
( 4
min )
Het is binnenkort niet meer mogelijk om accounts te blokkeren op het socialemediaplatform X (voorheen Twitter). Het zou nog wel mogelijk zijn om privéberichtjes tegen te houden.
( 4
min )
Al wekenlang is het onrustig rondom koopjesketen Big Bazar. Rekeningen worden niet betaald, winkels gaan dicht en verhuurders stappen naar de rechter. Wat is er aan de hand met de discounter?
( 4
min )
Komend studiejaar keert de basisbeurs weer terug, maar een vetpot is het niet. Studenten balen ervan dat de basisbeurs nog lager is dan die van voor het leenstelsel. Maar volgens deskundigen is het helemaal niet de bedoeling dat een studiebeurs alle kosten van studenten dekt.
( 7
min )
Learn what current liabilities are, and find out how to calculate total current liabilities in Microsoft Excel.
( 17
min )
Coming up next week: retail earnings, updates on home sales, and the Jackson Hole Economic Symposium.
( 19
min )
Credit cards can be one of the major influences on your credit score, and how you use them can either help your score or hurt it. Here is what you need to know.
( 23
min )
Find out how involuntary unemployment credit card insurance (IUCC) can cover your minimum payments if you're laid off and whether it is worth the cost.
( 23
min )
Learn what this phrase means and how to spot it in a company's financial statements.
( 20
min )
Today's CDs allow you to lock in a record rate—up to 5.75%—for months or years down the road when savings account rates inevitably drop. Is now a good time for a CD?
( 18
min )
Proof of elapsed time (PoET) consensus algorithm follows a true lottery system and allows for more efficient use of the blockchain network's resources.
( 22
min )
Non-qualified deferred compensation plans can allow top-earning employees to delay taxes on their earnings, using life insurance for funding. Here's how this strategy works.
( 21
min )
Today's best CD rates are 5.75% APY from MapleMark Bank for 1 year, 5.65% APY from Dow Credit Union for 3 months, and 5.56% APY from TotalDirectBank.
( 19
min )
The S&P 500 ticked down just 0.01% and was little changed on Friday, Aug. 18, 2023, closing out a week of losses after mixed reactions to the latest earnings reports.
( 16
min )
A revoked IRA is a retirement savings account that is canceled by the account holder seven days or less after it was established.
( 23
min )
Bitcoin Pizza Day: the day Laszlo Hanyecz bought two pizzas for 10,000 Bitcoins.
( 17
min )
A franchisee is a small business owner who purchases the right to use an existing business's trademarks, brands, and proprietary knowledge.
( 22
min )
Life insurance carriers offer two main benefits to insured individuals when a transfer of risk occurs: death benefit proceeds and cash value savings.
( 20
min )
A Merkle root contains information about every single transaction hash that ever was on a particular block in a blockchain.
( 19
min )
Off-chain transactions occur outside of the blockchain network and provide a low-cost, instant transaction medium for the cryptocurrency.
( 18
min )
Here are step-by-step instructions for filing a reimbursement claim for insurance on your pet.
( 22
min )
Admitted insurance is purchased from an insurance company that has been formally admitted or licensed to operate by the state insurance agency.
( 18
min )
Cryptocurrency regulation is still spotty or nonexistent but there are some potential pitfalls that investors should watch out for.
( 23
min )
In aggregate stop-loss reinsurance, losses over a specified amount during the contract period are covered by the reinsurer and not by the insurer.
( 18
min )
With the plethora of digital currency exchanges, how can an investor choose the right one? Take the steps to find the best exchange for your crypto needs.
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Concurrent causation is a legal doctrine related to losses from more than one cause, and when one has coverage and the other does not.
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Maintenance expenses are costs incurred to keep an item in good condition. Apartments, homes, and condominiums have expenses, but who pays them?
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Ross, TJX, and other off-price retailers have benefited from strong inventories of premium products and discounted prices.
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U.S. equities were mixed at midday on Friday, Aug. 18, 2023, amid concerns about China’s property market after Chinese real estate giant Evergrande filed for Chapter 15 bankruptcy protection.
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Chip tool maker Applied Materials reported sales that beat forecasts and raised its guidance on demand for AI chips.
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Litecoin (LTC) is a cryptocurrency that shares features with Bitcoin but runs a different mining algorithm. It also has a higher coin supply and lower transaction costs.
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In recent earnings calls, some leaders said they expected a recession, while others said the economy was still resilient.
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Chinese automaker Xpeng saw its shares slide after a record quarterly loss, driven by increased competition and margin deterioration.
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Rates on 30-year mortgages climbed to again hit their highest level since 2002. Rates were up on almost every loan type, including a new record for the jumbo 30-year average.
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The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 20-year mortgage rates, all collected here.
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The right mortgage can make your dream of owning a home a reality. We researched and collected the best 15-year loan offers.
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The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 10-year mortgage rates, all collected here.
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The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best jumbo mortgage rates, all collected here.
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The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 30-year mortgage rates, all collected here.
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Compare mortgage refinance rates across 18 different products, from 30-Year Fixed to 5/6 ARMs and everything in between.
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While entertaining multiple offers for financing, bankrupt trucking company Yellow has accepted Estes Express's $1.3 billion stalking horse bid for its shipment centers.
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Fueling fears of a deepening property crisis in China, Evergrande filed for Chapter 15 bankruptcy protection to manage its debt under its massive restructuring process.
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MiFID II is a European Union packet of financial industry reform legislation, instituted to regulate financial markets that replace MiFID.
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An Anderson Economic Group report shows that a 10-day United Auto Workers strike could hit the economy harder than past strikes due to lower inventory levels.
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A board of directors (BofD) is the governing body of a company that is elected by shareholders to provide guidance, set strategy, and oversee management.
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A treasury bond is a marketable, fixed-interest U.S. government debt security with a maturity of more than 10 years and which pays periodic interest payments.
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Bazooka Candy Brands, maker of the popular bubblegum, has been sold for $700 million to a private equity firm.
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Around $400 billion of debt assets are considered to be in "pre-distress," while $150 billion are "deeply distressed," Bank of America said.
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With the yield on the 10-year U.S. Treasury note hitting 4.25%, stocks have competition from bonds in a way they haven’t for a decade and a half.
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If retail inflation gets stuck around 3%, as seems increasingly likely, interest rates will continue to rise. That’s bad news for investors.
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Following the market’s opinion about fashionable footwear leads a longtime New Balance wearer to Swiss sneaker maker On Holding.
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(Bloomberg) -- Cybersecurity firm Palo Alto Networks Inc. surged after projecting stronger billings for the year than Wall Street anticipated, easing fears that a slowdown in demand may weigh on results. Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBitcoin Calm Shatters With Sudden Tumble, Mass Liquidations‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateBig Tech Logs Year’s Longes
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Today's CDs allow you to lock in a record rate—up to 5.75%—for months or years down the road when savings account rates inevitably drop. Is now a good time for a CD?
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Today's best CD rates are 5.75% APY from MapleMark Bank for 1 year, 5.65% APY from Dow Credit Union for 3 months, and 5.56% APY from TotalDirectBank.
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Here are some of the major companies whose stocks moved on the week’s news.
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Moderna and BioNTech are no longer minting money from Covid vaccines. But both have strong drug pipelines and plenty of cash.
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The company's profit guidance for the quarter and fiscal 2024 topped analyst forecasts. The revenue outlook came in light.
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The owner of Peet’s Coffee is renaming a major brand, rejiggering supply chains and hitting back at those who say it should exit the country.
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Utilities are supposed to be a staid investment.
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(Bloomberg) -- Sacks Parente Golf Inc. ended its first week of trading lower, just days after notching the best debut of an initial public offering on a US stock exchange this year.Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkGlobal Stock Managers on Guard as China Pain Set to SpreadChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsJeremy Grantham Says Fed Is Kidding Itself on Avoiding
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(Bloomberg) -- Hawaiian Electric Industries Inc. shares notch the worst weekly drop in at least four decades on concern it may be responsible for the fires that ravaged the island of Maui, with Wells Fargo’s analyst warning the possible liabilities could be large enough to wipe out the value of its utility arm. Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble
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(Bloomberg) -- Volatility in the world’s biggest bond market has finally caught the attention of investors on Wall Street who’ve been plunging into stocks all year. Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsJeremy Grantham Says Fed Is Kidding Itself on Avoiding a Recession‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to Proliferate
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Cleveland-Cliffs Inc. rocked the steel and investing worlds on Sunday with its nearly $8 billion offer to acquire United States Steel Corp.
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“We have no choice, we have to sell. As a matter of fact, I just put my house on the market 10 minutes ago,” one resident told NBC6.
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“It's almost guaranteed to be wrong," the GMO co-founder told Bloomberg of the Fed's soft landing forecast Thursday. "They have never called a recession."
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(Bloomberg) -- The expanding supply of Treasury debt, while driving yields to the highest levels of the year, is also aggravating a shortage of five-year notes in advance of the next auction. Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkGlobal Stock Managers on Guard as China Pain Set to SpreadChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsJeremy Grantham Says Fed Is Kidding Itself o
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Investors should take note any time a money manager with more than $7 trillion in assets does something new.
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American oil producers have fewer rigs actively drilling than at any point since the first days of the Ukraine war, suggesting they are pessimistic about prices.
U.S. drillers had 520 rigs up and running this
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The team includes top-ranked advisor Leslie Lauer.
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For decades, the U.S. dollar has held the esteemed position as the world's primary reserve currency. But according to Lynette Zang, chief market analyst for ITM Trading, this longstanding dominance is on shaky ground. "The days of the dollar being the world reserve currency are fast coming to a close," she said in a recent interview with Stansberry Research. Zang explained that the shift began back in 2002 when the Federal Reserve "first had to buy" U.S. debt. This act suggested that the world w
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It must have sounded like a good idea at the time, but Anheuser-Busch’s (NYSE:BUD) decision to run a promotional campaign for its Bud Light beer with the help of transgender ‘influencer’ Dylan Mulvaney backfired spectacularly. Conservative America did not like that idea at all, and decided to boycott the drink, thereby no longer making it the US’s best-selling beer. As sales plummeted in the wake of the controversy, BUD shares went into a tailspin, falling by 20% in May with the company also lay
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US Treasury prices have tanked in 2023, with investors fretting about the Federal Reserve's interest-rate hikes.
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Wall Street is betting that the proration will be about 30%, meaning that participating J&J holders will get 30% of their stock converted into Kenvue.
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“About a third of homebuilders in Florida are saying that buyers’ concerns about insurance availability and costs are somewhat slowing sales.”
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"The financial impact associated with the partial termination of the Blue Shield of California contract is not expected to have an impact to our previously issued 2023 guidance and is expected to have an immaterial impact on our longer-term outlook," CVS said
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Broadcom and Marvell Technology will win big time from custom chip design, according to analyst Harlan Sur.
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(Bloomberg) -- Citigroup Inc. has bought about $160 million of Russian aluminum from the London Metal Exchange, something many banks have refused to touch since the invasion of Ukraine.Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBiden’s Top Lawyer to Depart White House as Probes Ramp UpBiden Wants to Sell His Economic Plan to Voters. He Faces One Big ProblemCohn and Summers Talk Trump, China
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The devil is in the details. Investors shouldn't forget about some rights the United Steelworkers union has at United States Steel.
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The latest Apple iPhone models are expected to include relatively modest upgrades, but bulls still expect strong demand.
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Wedbush analyst Matt Bryson said he expects the chipmaker to to beat expectations and offer a “robust forward outlook,” when it reports Wednesday.
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If you qualify to participate in a non-qualified deferred compensation (NQDC) plan, you may want to pay attention closely. These accounts can offer high-earners who have maxed out their traditional retirement savings options an appealing opportunity to set aside a substantial portion of their income and invest it on a tax-deferred basis. In a new […] The post This Little-Known Account Can Help High Earners Accumulate Wealth appeared first on SmartReads by SmartAsset.
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Meta managers will be tracking whether employees are sticking with its return-to-office policy.
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(Bloomberg) -- Edward Yardeni, the economist who coined the term “bond vigilantes” during the 1980s and has regularly predicted their return to the investment landscape ever since, said they’re “saddling up.”Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyChina’s Hidden Financial Dangers Erupt With Shadow Bank CrisisNiger Soldie
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A California regulator has halted a plan for Medical Properties Trust to take a stake in a struggling hospital chain’s business.
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The shares were down 1.1% in early trading, putting them on pace to drop for a sixth consecutive day.
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Hawaiian Electric upgraded, CVS downgraded: Wall Street's top analyst calls
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The U.S. Federal Reserve is likely done raising interest rates, according to a strong majority of economists polled by Reuters, and a slight majority now expect the central bank to wait at least through end-March before cutting them. A 90% majority, 99 of 110 economists, polled Aug 14-18 say the Fed will keep the federal funds rate in the 5.25-5.50% range at its September meeting, in line with market pricing. After raising rates by 25 basis points last month, Fed Chair Jerome Powell kept options open for whether there would be a hike or a pause at the September meeting.
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KeyBanc Capital Markets analysts downgraded shares of the e-commerce company for luxury fashion to Sector Weight from Overweight.
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A symbol of China's property crisis filed for Chapter 15 bankruptcy protection. Troubles continue at other developers—and in the financial system.
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Deere reports fiscal third-quarter earnings of $10.20 a share. Wall Street was looking for $8.22.
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While the summer months are proving to be less lucrative for stock market participants, the overall trend this year has been up. The reason for the rally has been primarily down to AI hype, with various cultural commentators predicting this tech’s impact could be as big as that of the Industrial Revolution. But not all are quite as hyperbolic. There are grumblings on Wall Street that we are now entering an AI-driven bubble, with some prominent market watchers claiming the rally might not be sust
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Ratings agency Moody's Investors Service earlier in the day downgraded the company's stock to junk status. Hawaiian shares have lost more than half of its value since the Aug. 8 wildfires that destroyed the coastal Maui town of Lahaina and killed at least 110 people. The company did not clearly outline the purpose for which it was seeking expert advice.
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Advance Auto Parts could run like a dream again with a new CEO.
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Investing.com -- VinFast Auto (NASDAQ:VFS) shares tumbled for a third straight session in early U.S. trading on Friday, representing another step down from an eye-popping surge in the Vietnamese electric vehicle maker's stock after its debut on the Nasdaq on Tuesday.
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Deere & Co raised its annual profit forecast on Friday as demand for large farm tractors remains robust, while easing supply chain bottlenecks lower manufacturing costs. The Moline, Illinois-based company has also seen high demand for its construction equipment, as the United States upgrades roads, railways and other transportation infrastructure under the Joe Biden administration's $1 trillion package approved by the Senate in 2021. Deere, a barometer for the global economy, has maintained resilient operating profit margins, despite global market volatility.
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Het moederbedrijf van Douwe Egberts en Pickwick, JDE Peet's, peinst er niet over om zich terug te trekken uit Rusland. Dat zegt topman Fabien Simon in een interview met The Wall Street Journal. Veel bedrijven hebben zich teruggetrokken uit Rusland wegens de inval van Rusland in Oekraïne.
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Specsavers stopt na nog geen jaar met zijn drie winkels in België. Dat laat de opticien- en audicienketen vrijdag weten op zijn website.
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De economie van eurolanden zal in de komende jaren blijven groeien en het is onwaarschijnlijk dat die in een diepe of lange recessie zal belanden. Dat zegt bestuurder Philip Lane van de Europese Centrale Bank.
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De aandelenkoers van betaalverwerker Adyen daalt vrijdag verder naar de laagste koers sinds april 2020. Dit na een dramatische koersval donderdag. Toen verloor Adyen door een koersdaling van bijna 40 procent in een dag bijna 19 miljard euro aan beurswaarde.
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Het lijstje van bedrijven dat het faillissement van Big Bazar aanvraagt wordt steeds langer. Het beursgenoteerde vastgoedbedrijf Wereldhave is nu ook naar de rechter gestapt om de koopjesketen failliet te laten verklaren.
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